Stamps.com Reports First Quarter Results
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Stamps.com (STMP) Tops Q1 EPS by 16c, Revenues Beat; Lowers FY19 EPS/Revenue Guidance
May 8, 2019 4:33 PM EDTStamps.com (NASDAQ: STMP) reported Q1 EPS of $1.23, $0.16 better than the analyst estimate of $1.07. Revenue for the quarter came in at $136 million versus the consensus estimate of $126.06 million.
GUIDANCE:
Stamps.com sees FY2019 EPS of $3.35-$4.85, versus the consensus of $5.43. Stamps.com sees FY2019 revenue of $510-560 million, versus the consensus of $554.76 million.
For fiscal year 2019, the Company currently expects its GAAP financial outlook to be as follows:
We expect total revenue to be in a range of approximately $510 million to $560 million; this... More