Earnings Preview: Pitney Bowes

Pitney Bowes (PBI) is expected to report Q3 earnings after market close on Monday Nov. 3, with a conference call scheduled for 5:00 pm ET.

Guidance

Analysts are looking for EPS of 70c on revenue of $1.6B. The consensus range is 68c to 71c for EPS, and $1.59B to $1.62B for revenue, according to First Call. Pitney Bowes reaffirmed its FY08 guidance when it reported its Q2 earnings. The company expects FY08 EPS of $2.80 to $2.90 vs. consensus of $2.85, and it expects FY08 revenue growth in the range of 6% to 9%.

Analyst View

The company has reported strong results the past two quarters, beating analyst estimates on EPS and beating revenue estimates in Q2. Investors will be interested to see if the company can keep reporting strong results for Q3 despite the slowdown in the U.S. economy.