Pitney Bowes Q4 Adj $0.32 Beats $0.14 Estimate, Sales $516.56M Beat $509.65M Estimate

Pitney Bowes (NYSE:PBI) reported quarterly earnings of $0.32 per share which beat the analyst consensus estimate of $0.14 by 128.57 percent. This is a 357.14 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $516.56 million which beat the analyst consensus estimate of $509.65 million by 1.35 percent. This is a 40.73 percent decrease over sales of $871.58 million the same period last year.