Stamps.com Inc. (NASDAQ:STMP) is expected to report third quarter earnings results, after market close, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 1.53 per share.
Looking ahead, the full year income are expected at $ 8.10 per share on the revenues of $ 718.25 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 650.00 million ~ $ 725.00 million, where as bottomline are predicted in a range of $ 6.25 ~ $ 9.25 per share
Click Here For More Historical Outlooks Of Stamps.com Inc.
Previous Quarter Performance
Stamps.com Inc. reported income for the second quarter of $ 3.11 per share, from the revenue of $ 206.73 million. The quarterly earnings expanded 148.80 percent while revenues expanded 48.97 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.26 per share from $ 153.30 million in revenue. The bottom line results beat street analysts by $ 1.85 or 146.83 percent, at the same time, top line results outshined analysts by $ 53.43 million or 34.85 percent.
Stock Performance
Shares of Stamps.com Inc. traded up $ 3.44 or 1.49 percent on Wednesday, reaching $ 233.75 with volume of 279.20 thousand shares. Stamps.com Inc. has traded high as $ 240.35 and has cracked $ 231.77 on the downward trend
The closing price of $ 233.75, representing a 214.89 % increase from the 52 week low of $ 73.14 and a 29.16 % decrease over the 52 week high of $ 325.13.
The company has a market capital of $ 4.11 billion and is part of the Technology sector and Software – Application industry.
Conference Call
Stamps.com Inc. will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.stamps.com
Stamps.com Inc. provides Internet-based mailing and shipping solutions in the United States and Europe. The company offers mailing and shipping solutions to mail and ship various mail pieces and packages through the United States Postal Service (USPS) under the Stamps.com and Endicia brands.
