Pitney Bowes: Q2 Earnings Insights

Pitney Bowes 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.

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.

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.

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