Stamps.com (STMP) posted Q1 ’20 results far above expectations. Per management, the COVID-19 pandemic prompted a surge in both new customer acquisition and shipping volumes processed as businesses and consumers increasingly transacted online during the latter part of March.
Read MoreStamps.com (STMP) reports Q1 ’20 results on Thursday, May 7, after the close. We expect results to compare favorably with our model, and while our estimates are mixed versus current consensus forecasts, we think upside relative to Street expectations is the likely outcome.
Read MoreStamps.com’s (STMP) Q4 ’19 results reflected another big beat, although the upside was not particularly surprising from our perspective given the read-through from the United States Postal Service’s (USPS) peak season performance. Management’s initial outlook for FY ’20 was quite unexpected, however, and far better than we dared to hope.
Read MoreStamps.com (STMP) reports Q4 ’19 results after the close on Wednesday, February 19. Against a backdrop in which the United States Postal Service (USPS) has already delivered strong results for the holiday season and posted another quarter of double-digit growth in PC Postage revenues, we expect a similarly strong performance from the company.
Read MoreStamps.com (STMP) posted another big beat in Q3 and raised guidance for FY ’19, in effect taking expectations back to where the company had guided earlier in the year. Both the beat and raise largely reflected the extension of existing United States Postal Service (USPS) reseller agreements through year-end versus prior assumptions that new terms could be instituted after the June quarter.
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