Pitney Bowes Inc (PBI)
NYSE:PBI
Want to see PBI full AI Analyst Report?
Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.33Last Year’s EPS
0.27Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed meaningful operational progress and financial improvement: a strong, broad-based Q1, a material free cash flow beat ($43.5M) and raised guidance, stabilization in SendTech (down <1%) and signs of recovery in Presort, plus clear capital allocation actions (dividends, buybacks) and bank-driven strategic optionality. Management acknowledged risks — forecasting history, conservative pension adjustments, potential one-time H2 headwinds from a large noncore customer, and quarter-to-quarter cash flow variability — but presented credible mitigation plans (improved forecasting, working capital controls, cost discipline, and M&A/inorganic options). On balance, positive developments and momentum materially outweigh the noted risks, though some outcomes remain contingent on execution.Company Guidance
Broad-based strong Q1 results and raised guidance
Management described Q1 as "strong and broad-based," with momentum across businesses that supported an increase to guidance (management raised the lower end and, in some places, the upper end of guidance). Bookings were up year-over-year — the first YoY bookings gain noted — and the sales pipeline and go-to-market activities showed positive momentum.
Free cash flow outperformance
Q1 free cash flow of $43.5 million (first positive FCF quarter in several years) vs. a consensus preannouncement expectation of a $14 million outflow — approximately a $57.5 million positive delta. Management highlighted good working capital management and sees durability in free cash flow while remaining conservatively guided.
SendTech stabilization and product/sales progress
SendTech revenue decline slowed to less than 1% year-over-year. Meter declines are being addressed via retention outreach, predictive analytics and renewed customer acquisition efforts. Shipping software initiatives (narrowing product set, customer-led development) and using the bank as a financing differentiator were highlighted as drivers of future growth; paid subscriptions and bookings increases were noted (exact subscriber counts not disclosed).
Presort turnaround and consolidation opportunity
Presort has stopped losses, is winning net new business and building a pipeline, with management expecting volumes to return to growth in the back half of the year. The business is competitively priced and positioned as a low‑cost provider; management is pursuing tuck‑in M&A and has hired Greenhill to accelerate consolidation discussions.
Bank progress and capital allocation actions
Pitney Bowes Bank is delivering operational improvements and being positioned as a customer differentiator (financing in shipping software). Management highlighted dividend increases and significant share repurchases as shareholder returns, and signaled plans to address upcoming 2027 debt maturities (expectation to pay down 2027s in coming months). Target net debt/EBITDA level cited around ~3x.
Cost discipline and operational improvements
Management executed management-led cost reductions (surgical approach), improved forecasting and working capital controls. New role placements have already identified actionable savings (example: >$1 million of benefits/third-party spend savings) and improved operational execution without (management says) harming sales performance.
PBI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PBI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 21, 2026 | $14.63 | $15.22 | +4.03% |
Feb 17, 2026 | $10.15 | $11.03 | +8.59% |
Oct 29, 2025 | $11.01 | $9.85 | -10.53% |
Jul 30, 2025 | $11.10 | $11.08 | -0.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Pitney Bowes Inc (PBI) report earnings?
Pitney Bowes Inc (PBI) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Pitney Bowes Inc (PBI) earnings time?
Pitney Bowes Inc (PBI) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PBI EPS forecast?
PBI EPS forecast for the fiscal quarter 2026 (Q2) is 0.33.
