More on Pitney Bowes (PBI) Q4: net profit more than halves to $110.34M, with last year's Q4...

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

More on Pitney Bowes (PBI) Q4: net profit more than halves to $110.34M, with last year's Q4 benefiting from a favorable tax settlement. Income from continuing operations almost doubles to $103.54M. Management-services business generates Y/Y revenue growth for the first time since 2008, rising 5%. However, revenues at N. American mailing segment -6%. Forecasts 2013 EPS of $1.85-$2 vs consensus of $1.91, revenue to rise 3%. Shares +4.3%.