Benzinga | Feb 2, 2021 07:16AM EST

Pitney Bowes: Q4 Earnings Insights



Shares of Pitney Bowes (NYSE:PBI) moved higher by 5.9% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 7.14% over the past year to $0.13, which beat the estimate of $0.10.

Revenue of $1,028,000,000 higher by 23.66% from the same period last year, which beat the estimate of $938,700,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Feb 02, 2021

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/cpobj9kc

Recent Stock Performance

Company's 52-week high was at $15.50

52-week low: $1.67

Price action over last quarter: Up 121.98%

Company Overview

Pitney Bowes is a global technology company that offers e-commerce solutions to its clients. The company provides various products and services such as domestic delivery, return and fulfillment, cross-border shipping solutions, sorting services for large volumes of postal mails, technological solutions to enable digital mailing, shipping, and other services. The company operates through three business segments: global e-commerce, presort services, and SendTech Solutions. The company generates roughly half of its revenue through the SendTech Solutions segment, and most of its revenue is earned in the United States.