Promising signs at Pitney Bowes

Pitney Bowes (PBI +5.2%) gains after Q2 results match expectations and the firm's guidance looks promising.

The Digital Commerce Solutions segment saw a 27% jump in revenue to $211M during Q2 and 17% rise in EBIT to $18M.

The company raised its view of FY14 EPS to $1.80-$1.90 vs. $1.75-$1.90 prior and $1.85 consensus.

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    If you have ever seen the movie "Other People's Money", Pitney Bowes fits that. It is a great movie about companies and stocks. Listen to the 2 speeches near the end, one by Gregory Peck, and the other by Danny DeVito. Nail on the head. And a good ending. PBI seems to have risen from the ashes-in about a year and a half. And a decent dividend too!
    30 Jul 2014, 10:42 AM Reply Like
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