Strong rally for Pitney Bowes after profit beat, rosy guidance

|About: Pitney Bowes Inc. (PBI)|By:, SA News Editor

Shares of Pitney Bowes (PBI +13.5%) soar after the company bests the Q4 profit estimates of analysts.

Despite overall flat revenue for the quarter, sales from Pitney Bowe's digital business rose at a fast rate.

Guidance from the company for 2014 EPS is set at $1.75-$1.90 which has a mid-point above the consensus estimate of analysts of $1.81.