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Pitney Bowes: Q2 Earnings Insights

  Pitney Bowes (NYSE:PBI) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 07:48

 

Pitney Bowes (NYSE:PBI) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Pitney Bowes missed estimated earnings by 50.0%, reporting an EPS of $0.02 versus an estimate of $0.04.

Revenue was down $27.71 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 0.94% drop in the share price the next day.

Here's a look at Pitney Bowes's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.03 0.11 0.07 0.05
EPS Actual 0.08 0.06 0.08 0.11
Revenue Estimate 931.76M 961.63M 892.29M 895.46M
Revenue Actual 926.94M 983.71M 875.45M 899.20M

To track all earnings releases for Pitney Bowes VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.