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Stock impact report

Pitney Bowes (PBI) Hits 8-Year High on Upbeat Outlook [Yahoo! Finance]

Pitney Bowes Inc. (PBI) 
Last pitney bowes inc. earnings: 2/4 07:00 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.pitneybowes.com
Company Research Source: Yahoo! Finance
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 e Show less Read more
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