Pitney Bowes Q3 Adj. EPS $0.31 Misses $0.32 Estimate, Sales $459.675M Miss $467.445M Estimate

Pitney Bowes (NYSE:PBI) reported quarterly earnings of $0.31 per share which missed the analyst consensus estimate of $0.32 by 1.59 percent. This is a 47.62 percent increase over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $459.675 million which missed the analyst consensus estimate of $467.445 million by 1.66 percent. This is a 7.97 percent decrease over sales of $499.463 million the same period last year.