Earnings Preview: Pitney Bowes

Pitney Bowes (PBI) is expected to report Q2 earnings Monday after the closing bell with a conference call scheduled for 5:00 pm ET.

Guidance

Analysts are looking for EPS of 67c on revenue of $1.61B. The consensus range is 64c to 70c for EPS, and $1.57B to $1.64B for revenue, according to First Call. Pitney Bowes reaffirmed its FY08 guidance when it reported its Q1 earnings. The company expects FY08 EPS of $2.80 to $2.90 vs. a consensus of $2.86, and it expects FY08 revenue growth in the range of 6% to 9%.

The company announced on June 9, it has entered an alliance with Sun Microsystems (JAVA) to provide insurance companies with an integrated management solution for the quick and efficient handling of non-life and life insurance claims. Pitney Bowes reported strong Q1 results beating analysts estimates on EPS and revenue, investors will be interested to see the company and beat estimates again in Q2.