earnings
confidence high
sentiment positive
materiality 0.80
Pitney Bowes reports FY2024 adj EPS up 34%; announces $150M buyback, dividend increase, and 2025 guidance
PITNEY BOWES INC /DE/
2024-FY EPS reported
-$1.12
revenue$2,026,598,000
- Full year 2024 adjusted EPS $0.82 (+34% YoY), adjusted EBIT $385M (+25%).
- Q4 2024 adjusted EPS $0.32 (+60% YoY), revenue $516M (-2%).
- Board authorizes $150M share repurchase program; quarterly dividend raised to $0.06.
- 2025 guidance: revenue $1.95-2.0B, adj EBIT $450-480M, adj EPS $1.10-1.30.
- Robert Gold appointed EVP & CFO effective March 10, 2025; GEC exit costs revised to ~$165M.