Pitney Bowes Reports Q3 2026 Earnings Growth Amid Projected SendTech Revenue Headwinds
Pitney Bowes (PBI) reported strong third-quarter results for 2026, highlighted by year-over-year improvements in earnings per share (EPS), adjusted EBIT, and adjusted free cash flow. CEO Kurt Wolf noted that these gains were achieved despite increased capital investments aimed at driving long-term growth. However, the company issued a cautionary outlook regarding its SendTech segment, forecasting a revenue headwind of $60 million to $80 million in 2027. To counter this, management is pivoting toward a strategy focused on achieving profitable revenue growth by the end of 2028.
Tickers: $PBI
Topics: earnings report EPS free cash flow management commentary