Pitney Bowes Misses Earnings Estimates; Cuts Dividend
By
Alan Robinson
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
Pitney Bowes has announced earnings of 42¢ per share for the 1st quarter of 2013. Earnings were 2¢ per share below analyst’s estimates. In a seperate press release Pitney Bowes declared a dividend of 18.75 cents per share for the Company’s common stock. 13. The dividend declared is half of what Pitney Bowes had paid over the previous five quarters. In a statement included in the earnings announcement resident and Chief Executive Officer, Marc Lautenbach, commented, “We are taking a number of actions in support of the long-term health and growth of our business. While the results for the quarter were mixed, we are seeing progress in key elements [...]
0 Comments
View Comments
Related Content
Comments