Pitney Bowes PBI will be releasing its next round of earnings this Friday, April 30. For all of the relevant information, here is your guide for Friday's Q1 earnings announcement.
What Are Earnings, Net Income, And Earnings Per Share?
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Pitney Bowes earnings will be near $0.05 per share on sales of $873.86 million, according to analysts. Pitney Bowes earnings in the same period a year ago was $0.05 per share. Quarterly sales came in at $796.27 million.
Why Analyst Estimates And Earnings Surprises Are Important
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
If the company were to post earnings in line with the consensus estimate when it reports Friday, EPS would be down 0%. Revenue would be up 9.74% from the same quarter last year. Here is how the Pitney Bowes's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q4 2021 | Q3 2020 | Q2 2020 | Q1 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.05 | -0.01 | 0.09 |
| EPS Actual | 0.13 | 0.08 | 0.04 | 0.05 |
| Revenue Estimate | 938.70 M | 851.56 M | 705.82 M | 776.14 M |
| Revenue Actual | 1.03 B | 891.90 M | 837.49 M | 796.27 M |
Stock Performance
Shares of Pitney Bowes were trading at $9.71 as of April 28. Over the last 52-week period, shares are up 172.09%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Pitney Bowes is scheduled to hold the call at 08:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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