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: Consumer Sentiment—The Big Surprise in a Week of Shocks; Plus, Apparel Shopping in Focus: US Consumer Survey InsightsPositive Sentiment Trend Comes to an End: Weekly US Consumer Sentiment, Week 21, 2025—InfographicRecent Conference Insights, from World Retail Congress to ICSC Las Vegas: Coresight Research Premium Subscriber Call, June 2025US CPG Sales Tracker: CPG E-Commerce Growth Eases from Prime Day Peak; General Merchandise Decline Confirms Pull-Forward Effect
