NYSE$PBI
Pitney Bowes Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Pitney Bowes' second quarter earnings were announced, revealing a revenue increase and adjusted EPS, despite a GAAP EPS loss, driven by growth in Global Ecommerce and higher customer deposits.
Pitney Bowes reported a 6% increase in revenue to $837 million. The company reported a GAAP EPS loss of $0.02, but an adjusted EPS of $0.04. They also reported GAAP cash from operations of $153 million and free cash flow of $148 million.
- Revenue increased by 6 percent as reported and 7 percent when adjusted for currency impacts.
- GAAP EPS was a loss of $0.02, while adjusted EPS was $0.04.
- GAAP cash from operations reached $153 million, with free cash flow at $148 million.
- Company ended the quarter with over $1 billion in cash and short-term investments.
Headline financials
Revenue & EPS history
Pitney Bowes · Revenue · Quarterly
$837M
Revenue by segment
Pitney Bowes · $439M total across 2 segments · Q2 2020
- SendTech Solutions$321M-15.1%73.1%
- Presort Services$118M-7.8%26.9%
Forward guidance
Given the continued level of uncertainty around the depth and duration of Covid-19, and consistent with direction provided last quarter, the Company has suspended its 2020 annual guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
-1.1%
Avg return
Earnings day
-0.5%
Avg return
5 days after
-0.4%
Avg return
30 days after
53%
38 / 72 earnings
Positive
+29.7%
Q3 2023
Best reaction
-30.8%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.6% | +1.8% | +12.1% | |
| Q4 2025 | +8.5% | +1.4% | -0.5% | |
| Q3 2025 | -10.6% | -14.5% | -12.0% | |
| Q1 2025 | +5.1% | +6.8% | +17.7% | |
| Q4 2024 | +11.7% | +21.2% | +7.8% | |
| Q3 2024 | -3.7% | -2.7% | -0.6% | |
| Q2 2024 | +11.3% | +28.0% | +14.0% | |
| Q1 2024 | +25.2% | +24.2% | +28.7% | |
| Q4 2023 | -1.2% | -4.4% | +1.5% | |
| Q3 2023 | +29.7% | +23.0% | +35.6% | |
| Q2 2023 | -9.2% | -8.9% | -13.4% | |
| Q1 2023 | -8.5% | -3.4% | +6.1% | |
| Q4 2022 | +2.8% | +7.2% | +5.3% | |
| Q3 2022 | -1.6% | +0.0% | +23.2% | |
| Q2 2022 | -21.0% | -20.5% | -26.3% | |
| Q1 2022 | +22.3% | +17.4% | +8.1% | |
| Q4 2021 | -20.0% | -22.4% | -19.0% | |
| Q3 2021 | +2.2% | +7.3% | -7.7% | |
| Q2 2021 | -5.7% | +0.5% | -6.5% | |
| Q1 2021 | -15.2% | -15.7% | -4.1% | |
| Q4 2020 | -19.2% | -13.6% | -22.2% | |
| Q3 2020 | -30.8% | -28.1% | -19.2% | |
| Q2 2020 | +13.2% | +63.4% | +98.0% | |
| Q1 2020 | -27.9% | -26.2% | -24.1% | |
| Q4 2019 | +5.7% | +2.8% | -18.1% | |
| Q3 2019 | +3.4% | +3.2% | -1.6% | |
| Q2 2019 | +12.4% | +7.9% | +11.8% | |
| Q1 2019 | -25.6% | -18.7% | -48.7% | |
| Q4 2018 | +1.2% | +2.1% | -2.4% | |
| Q3 2018 | +22.2% | +22.1% | +27.5% | |
| Q2 2018 | -5.8% | -7.2% | -16.8% | |
| Q1 2018 | -14.8% | -12.2% | -10.1% | |
| Q4 2017 | +8.4% | +0.2% | +1.6% | |
| Q3 2017 | -18.6% | -20.1% | -25.2% | |
| Q2 2017 | -15.8% | -18.4% | -18.4% | |
| Q1 2017 | +15.4% | +15.4% | +14.5% | |
| Q4 2016 | -18.7% | -17.3% | -14.8% | |
| Q3 2016 | -18.3% | -20.2% | -18.6% | |
| Q2 2016 | -5.6% | -2.3% | -0.7% | |
| Q1 2016 | -10.7% | — | — | |
| Q4 2015 | -11.9% | — | — | |
| Q3 2015 | -2.1% | — | — | |
| Q2 2015 | +0.7% | — | — | |
| Q1 2015 | +1.2% | — | — | |
| Q4 2014 | -4.0% | — | — | |
| Q3 2014 | -1.5% | — | — | |
| Q2 2014 | +2.7% | — | — | |
| Q1 2014 | +5.9% | — | — | |
| Q4 2013 | +15.9% | — | — | |
| Q3 2013 | +8.3% | — | — | |
| Q2 2013 | +12.2% | — | — | |
| Q1 2013 | -11.9% | — | — | |
| Q4 2012 | +15.4% | — | — | |
| Q3 2012 | -11.4% | — | — | |
| Q2 2012 | +4.6% | — | — | |
| Q1 2012 | -6.3% | — | — | |
| Q4 2011 | +1.2% | — | — | |
| Q3 2011 | +2.5% | — | — | |
| Q2 2011 | -6.1% | — | — | |
| Q1 2011 | +0.4% | — | — | |
| Q4 2010 | -0.6% | — | — | |
| Q3 2010 | +2.2% | — | — | |
| Q2 2010 | -1.4% | — | — | |
| Q1 2009 | -4.1% | — | — | |
| Q1 2010 | -4.1% | — | — | |
| Q4 2009 | +1.1% | — | — | |
| Q3 2009 | +0.4% | — | — | |
| Q3 2008 | +0.4% | — | — | |
| Q2 2008 | +3.8% | — | — | |
| Q4 2007 | +3.8% | — | — | |
| Q4 2008 | +3.8% | — | — | |
| Q2 2009 | +3.8% | — | — |
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