Pitney-Bowes (PBI) Misses Q4 EPS by 4c, FY17 EPS Guidance Comes in Light

Pitney-Bowes (NYSE: PBI) reported Q4 EPS of $0.53, $0.04 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $887.1 million versus the consensus estimate of $920.7 million.

GUIDANCE:

Pitney-Bowes sees FY2017 EPS of $1.70-$1.85, versus the consensus of $1.86.

• Revenue, on a constant currency basis, to be in the range of a 2 percent decline to 1 percent growth when compared to 2016..
• Free cash flow to be in the range of $400 million to $460 million compared to the original range of $415 million to $485 million.

For earnings history and earnings-related data on Pitney-Bowes (PBI) click here.

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