StockWatch
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Office Equipment/Supplies/Services
Quarterly ResultJul 29, 2026, 04:14 PM

Pitney Bowes Q2 Adj. EPS $0.43; Raises FY Guidance

AI Summary

Pitney Bowes reported strong Q2 2026 financial results, with Adjusted EPS increasing 59% to $0.43, Adjusted EBIT up 13% to $116 million, and Adjusted Free Cash Flow rising 39% to $148 million. The company raised its full-year guidance for Adjusted EBIT, Adjusted EPS, and Adjusted Free Cash Flow, while reaffirming revenue guidance. Additionally, Pitney Bowes reduced debt by over $200 million since Q1, repurchased 4.5 million shares for $53 million, and declared a $0.10 per share quarterly dividend. The Board also announced the formation of a Strategic Review Committee to explore external value creation options.

Key Highlights

  • Q2 Adjusted EPS $0.43, up 59% year-over-year.
  • Q2 Adjusted EBIT $116 million, up 13% year-over-year.
  • Q2 Adjusted Free Cash Flow $148 million, up 39% year-over-year.
  • Raised full-year 2026 Adjusted EBIT guidance to $445-$475 million.
  • Raised full-year 2026 Adjusted EPS guidance to $1.55-$1.70.
  • Raised full-year 2026 Adjusted Free Cash Flow guidance to $360-$410 million.
  • Reduced debt by over $200 million since Q1 2026.
  • Repurchased 4.5 million shares for $53 million in Q2.
  • Declared $0.10 per share quarterly regular dividend.
  • Board formed a Strategic Review Committee to explore external value creation options.