Pitney Bowes offers a margin of safety at $10.50 due to its transition from declining mail to growing package/parcel segments. PBI could see significant upside from USPS partial privatization, potentially boosting EPS to $2.50 and the share price to $20 or higher. Risks include declining mail volumes and uncertainties around USPS privatization, though PBI's focus on corporate mail and e-commerc...
Pitney Bowes exceeded 2024 EBIT and EPS estimates, announced a $150M share repurchase plan, and increased the dividend rate by 20%. The company achieved significant debt reduction and refinancing, saving over $45M annually in interest and improving financial flexibility. Pitney Bowes' cost-cutting measures have consistently surpassed expectations, with projected cuts now between $170M and $190M...
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world—including more than 90 percent of the Fortune 500, today announced Pitney Bowes has been recognized as the Top Company in Shipping Software for 2025 by Logistics Tech Outlook, a leading enterprise te...
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced the appointment of Robert (Bob) Gold as the Company's next Chief Financial Officer (“CFO”), effective March 10, 2025. Mr. Gold is a seasoned fi...
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced its financial results for the fourth quarter and full year ended December 31, 2024. The Company also delivered an update on the strategic initi...
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world—including more than 90 percent of the Fortune 500, today announced that it has achieved US State Risk and Authorization Management Program (StateRAMP) authorization for the SendPro® 360 solution, its...
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced it has been named the Official Shipping Technology Partner of the New York Islanders and UBS Arena. This multi-faceted partnership underscores Pitney Bowes' commitment to innovation ...
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