Pitney Bowes Shares Reach 8-Year High Amid Positive Outlook
Pitney Bowes (NYSE:PBI) reached an 8-year high on Tuesday, driven by an upbeat earnings outlook despite a slight decline in first-quarter preliminary results. The company raised its full-year revenue guidance and adjusted EBIT and EPS forecasts, contributing to a 10.92% rise in its stock price.
Tickers: $PBI
Topics: Earnings Outlook Market Performance Pitney Bowes Revenue Guidance Stock Price