Comment on Why Pitney Bowes Stock Dropped 10% Today

Why Pitney Bowes Stock Dropped 10% Today

Shares of Pitney Bowes (NYSE: PBI) stock closed down 10.3% Wednesday after the postal services company reported first-quarter 2018 earnings.Pitney Bowes reported earning $0.28 per share on a GAAP (generally accepted accounting principles) basis in Q1, and $0.30 adjusted for one-time items, roughly in line with the $0.29 that Wall Street analysts had predicted it would earn.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News