Pitney Bowes beats by $0.05, reports revs in-line; guides FY14 EPS in-line; reaffirms revenue growth range
Reports Q3 (Sep) earnings of $0.51 per share, excluding non-recurring items, $0.05 better than the Capital IQ Consensus Estimate of $0.46; revenues rose 2.3% year/year to $941.64 mln vs the $942.7 mln consensus.
- Co issues in-line guidance for FY14, sees EPS of $1.85-1.92, excluding non-recurring items, vs. $1.86 Capital IQ Consensus Estimate.
- Co reaffirms revenue, excluding the impacts of currency, to be in the range of +1-3% yr/yr.