Benzinga | Oct 30, 2020 07:07AM EDT

Pitney Bowes Q3 Adj. EPS $0.08 Beats $0.05 Estimate, Sales $892.00M Beat $851.56M Estimate

Pitney Bowes (NYSE:PBI) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $0.05 by 60 percent. This is a 66.67 percent decrease over earnings of $0.24 per share from the same period last year. The company reported quarterly sales of $892.00 million which beat the analyst consensus estimate of $851.56 million by 4.75 percent. This is a 12.89 percent increase over sales of $790.13 million the same period last year.