Pitney Bowes Inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Pitney Bowes Inc. (NYSE:PBI) will unveil its latest earnings on Thursday, February 9, 2012. Pitney Bowes provides mail processing equipment and integrated mail solutions, including postage meters and office supplies.

Pitney Bowes Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 60 cents per share, a decline of 9.1% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 62 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 60 cents during the last month. Analysts are projecting profit to rise by 3.6% versus last year to $2.31.

Past Earnings Performance: Last quarter, the company topped estimates by 0 cents, coming in at net income of 69 cents per share against a mean estimate of profit of 54 cents. The company fell in line with estimates in the second quarter.

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Wall St. Revenue Expectations: Analysts are projecting a decline of 4.2% in revenue from the year-earlier quarter to $1.37 billion.

Analyst Ratings: The limited number of analysts covering the stock seem relatively indifferent about Pitney Bowes with two of three analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit rose 94.3% to $172.8 million (85 cents a share) from $88.9 million (43 cents a share) the year earlier, exceeding analyst expectations. Revenue fell 3.4% to $1.3 billion from $1.35 billion.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 64.4% in the second quarter and 9.2% in the first quarter.

Revenue fell in the third quarter after seeing a rise the quarter before. In the second quarter, revenue rose 1.3%.

Stock Price Performance: During November 7, 2011 to February 3, 2012, the stock price had fallen 57 cents (-2.9%) from $19.86 to $19.29. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 16, 2011 when shares rose for six-straight days, rising 7.6% (+$1.43) over that span. It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six-straight days, falling 6.8% (-$1.31) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com