Thursday, February 2, 2017

Pitney Bowes (PBI) Sank To A New Low After Disappointing Q4 Report

Pitney Bowes (PBI) reported fourth quarter EPS of $0.53 Wednesday morning, compared to $0.48 in the previous year. The consensus estimate was for EPS of $0.57. The company also lowered its full year EPS forecast to between $1.70 and $1.85, from prior expectations of $1.80 to $1.95. Analysts are expecting EPS of $1.84.

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