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Provider: Thomson Reuters Stock Report
Provider: Stock Traders Daily
Provider: GlobalData
Provider: MacroRisk Analytics/EconomicInvestor

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Pitney Bowes Inc Reaffirms FY 2013 Revenue Guidance; Raises FY 2013 EPS Guidance

Tuesday, 29 Oct 2013 07:15am EDT 

Pitney Bowes Inc updated its fiscal 2013 guidance and expects revenue, excluding the impacts of currency, to be in the range of a 1% decline to 2% growth when compared to fiscal 2012, adjusted earnings per diluted share (EPS) to be in the range of $1.68 to $1.83, which includes $0.06 per share tax benefit recorded in the quarter and GAAP earnings per diluted share from continuing operations to be in the range of $1.39 to $1.54, which includes: $0.10 per share restructuring charges recorded to date; $0.08 per share asset impairment charge related to the signed agreement to sell the Company's headquarters building; $0.08 per share charge for costs associated with the first quarter debt tender, and $0.03 per share charge related to net costs associated with the planned early redemption of $300 million of debt in the fourth quarter. The Company reported revenue of $4.904 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $1.71 for fiscal 2013. 

Company Quote

0.14 +0.57%
19 Dec 2014