earnings
confidence high
sentiment positive
materiality 0.75
Pitney Bowes Q1 adj. EPS $0.47 (+42%), revenue $477M (-3%), dividend raised to $0.10, FY guidance reaffirmed
PITNEY BOWES INC /DE/
2026-Q1 EPS reported
$0.39
revenue$477,413,000
- GAAP EPS $0.39 vs $0.19 YoY; Adj. EPS $0.47 vs $0.33; Revenue $477M vs $493M (-3%).
- SendTech Adj. EBIT +17% to $114M on cost cuts; Presort Adj. EBIT -28% to $39M on volume decline.
- Year-to-date repurchased 17.2M shares for $186M; dividend increased to $0.10/share from $0.09 (payable June 5).
- FY 2026 guidance reaffirmed: revenue $1,800-$1,860M, Adj. EPS $1.50-$1.65, FCF $345-$380M.
- CEO letter: Presort volume expected positive by early Q3; strategic review Phase 2 external portion to start by end of Q2.
item 2.02item 9.01