Pitney Bowes (PBI) Hits 8-Year High on Upbeat Outlook

Pitney Bowes Inc. (NYSE:PBI) is one of the 10 Resilient Stocks in a Sea of Uncertainties.

Pitney Bowes climbed to an eight-year high on Tuesday, as investors took heart from its upbeat outlook for the year, despite a mixed preliminary earnings performance in the first quarter.

In intra-day trading, Pitney Bowes Inc. (NYSE:PBI) climbed to a record high of $14.87 before trimming gains to end the session just up by 10.92 percent at $14.63 apiece. Tuesday also marked a 7th straight day of gains.

pitney

Photo on Pitney Bowes website

In an updated report during the day, the company raised the lower end of its full-year revenue guidance range to $1.8 billion from $1.76 billion previously, while maintaining the upper end at $1.86 billion.

Adjusted EBIT outlook is also pegged at $425 million to $465 million from $410 million to $460 million previously.

Adjusted EPS is expected at $1.50 to $165, higher than the previous guidance of $1.40 to $1.60.

Meanwhile, Pitney Bowes Inc. (NYSE:PBI) announced preliminary results in the first quarter of the year, with the company expecting to report a decline of 3 percent to $477 million from $493 million in the same period a year earlier.

Adjusted EBIT was also at $130 million, marking an 8 percent improvement from the $120 million in the same comparable period.

Adjusted EPS was expected to grow by 42 percent to $0.47 from $0.33.

Official results are scheduled to be released before market open on May 6, 2026. A conference call will be held to elaborate on the results.

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