Stamps.com Inc. stock price

Stamps.com Inc. latest news:


  • 02/21/2018 14:51:33

    Stamps.com shoots more than 15% higher after earnings

    Stamps.com Inc. jumped in late trading Wednesday after reporting much higher profit than expected in its fourth quarter and projecting higher profit in the current year as well. The online-postage company reported net income of $40.2 million, or $2.15 a share, in the fourth quarter on sales of $132.5 million, up from $105.9 million a year ago. After adjusting for stock-based compensation and other effects, the company claimed earnings of $4.68 a share, up more than 70% from $2.73 a year before. Analysts on average were expecting adjusted earnings of $2.78 a share on sales of $119.5 million, according to FactSet. The company's forecast for the current year projects more profit gains: The company said it expects earnings of $7.09 to $8.04 a share on sales of $530 million to $560 million for the full year, with adjustments sending profit to $8.80 to $9.80 a share. Analysts on average were expecting adjusted profits of $8.53 a share on sales of $532 million for the current fiscal year. Shares shot up more than 15% in late trading after closing at $184.95.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/21/2018 14:45:53

    BRIEF-Stamps.Com Q4 GAAP Earnings Per Share $2.15

    * EXPECT 2018 NON-GAAP ADJUSTED INCOME PER FULLY DILUTED SHARE TO BE IN A RANGE OF $8.80 TO $9.80

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