The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Pitney Bowes's revenues will decrease -3.4% and EPS will wither -29.0%.
The average estimate for revenue is $1.26 billion. On the bottom line, the average EPS estimate is $0.49.
Last quarter, Pitney Bowes booked revenue of $1.25 billion. GAAP reported sales were 5.2% lower than the prior-year quarter's $1.31 billion.
Last quarter, EPS came in at $0.50. GAAP EPS of $0.50 for Q2 were 2.0% higher than the prior-year quarter's $0.49 per share.
For the preceding quarter, gross margin was 49.4%, 90 basis points worse than the prior-year quarter. Operating margin was 15.3%, 80 basis points better than the prior-year quarter. Net margin was 8.0%, 30 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $5.07 billion. The average EPS estimate is $2.01.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 284 members out of 340 rating the stock outperform, and 56 members rating it underperform. Among 93 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 81 give Pitney Bowes a green thumbs-up, and 12 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Pitney Bowes is hold, with an average price target of $17.75.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.