US parcel revenue sees first decline in 7 years, report finds [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
The U.S. Parcel Shipping Index, released Wednesday by the global shipping and mailing company, highlighted 2023's shifts in the carrier-competitive landscape and consumer behaviors. U.S. parcel revenue fell 0.03% from $198.4 billion in 2022 to $197.9 billion last year despite a slight parcel volume increase of 0.05% from 21.5 billion in 2022 to 21.7 billion in 2023. Pitney Bowes expects U.S. parcel volume to reach between 23 billion and 35 billion by 2029. Of the four largest carriers — the U.S. Postal Service, Amazon, UPS and FedEx — only Amazon grew volumes year over year at 15.7%. Amazon and the Postal Service both saw revenue growth, but UPS and FedEx experienced declines in parcel volume and revenue. Amazon nearly tripled its shipping volumes from 2019 to 2023 — from 2 billion to 5.9 billion parcels — but it lags behind in terms of revenue. It generated $28.6 billion in revenue, less than half of UPS' $68.9 billion and FedEx's $63.2 billion, which Pitney Bowes says foresha
Show less
Read more
Impact Snapshot
Event Time:
PBI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PBI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PBI alerts
High impacting Pitney Bowes Inc. news events
Weekly update
A roundup of the hottest topics
PBI
News
- Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm [Yahoo! Finance]Yahoo! Finance
- Pitney Bowes Declares Common Stock DividendBusiness Wire
- Pitney Bowes Announces First Quarter 2024 Financial ResultsBusiness Wire
- Pitney Bowes: Radical Change Needed As We Approach Q1 Earnings Results [Seeking Alpha]Seeking Alpha
- Lakeview Issues Open Letter to Pitney Bowes’ Board of Directors Calling for Expeditious Sale of GECBusiness Wire
PBI
Earnings
- 5/2/24 - Beat
PBI
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/22/24 - Form 4
- PBI's page on the SEC website