Company Earnings UpdatePitney Bowes (NYSE: PBI) 2Q19 Results: Mixed Results, Strong Growth in Global E-Commerce, 2019 and Long-Term Targets Remain on Track Coresight Research August 7, 2019 Executive Summary Pitney Bowes reported 2Q19 revenue of $860.8 million, down 0.5% year over year and slightly below the $861.7 million consensus estimate. Adjusted EPS was $0.21, beating the consensus estimate of $0.17. Commerce services revenue grew 13%, driven by global e-commerce, which grew 18%. Revenues in the SMB solutions and software services segments declined 8% year over year. The company reaffirmed guidance for revenue growth of 1-3% and for adjusted EPS of $0.90-$1.05. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Innovator Profile: Sotira—Monetizing Surplus Inventory with Automated Compliance, Logistics and Resale ChannelsPersonal Financial Sentiment Improves: Weekly US Consumer Sentiment, Week 19, 2025—InfographicEssential Guide to Shoptalk Spring 2026: Retail in the Age of AI—Balancing Automation and Human-Centric ExperiencesInnovator Profile: Ethosphere—Turning Retail Sales-Floor Conversations Into Operational Insights
