Categories Earnings, Industrials

Stamps.com Inc. (NASDAQ: STMP): Q4 2019 Earnings Snapshot

– Stamps.com Inc. (NASDAQ: STMP) reported adjusted earnings of $2.12 per share for the fourth quarter of 2019, vs. $1.03 per share expected.

– Unadjusted net income was $20.3 million or $1.13 per share in the December-quarter, compared to $42.7 million or $2.30 per share a year earlier.

– Revenues dropped 5% to $160.9 million from $170.2 million in the fourth quarter of 2018, vs. $144.68 million expected

— Mailing and Shipping revenue dropped 6% annually, while Customized Postage revenue moved up 2%

— During the quarter, the company repurchased around 76 thousand shares at a total cost $6 million

— Expect total revenue to be in a range of $570 million to $600 million in fiscal 2020

— Looking for unadjusted net income between $41 million and $53 million for the full fiscal year

— Expects full-year unadjusted earnings to be in a range of $2.08 per share to $2.92 per share

— For 2020, forecasts adjusted earnings in the range of $4.00 per share to $5.00 per share

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Also Read:  Kohl’s Corp lifts outlook as it posts Q2 earnings growth

Most Popular

Levi Strauss (LEVI) Q1 profit beats estimates, withdraws annual outlook

Levi Strauss & Co. (NYSE: LEVI) reported a 4% increase in earnings for the first quarter of 2020 helped by lower income tax expenses despite a rise in operating expenses.

Vail Resorts (MTN) can reward investors once it gets past market crisis

The recent travel restrictions have taken a heavy toll on the tourism industry, leaving almost all destinations deserted. Vail Resorts Inc. (NYSE: MTN), a leading operator of mountain ski resorts,

The coming months will prove to be a testing time for Boeing (BA)

Shares of Boeing Co. (NYSE: BA) were up 13% in afternoon hours on Monday. The stock is down 63% from its 52-week high of $391. As the aviation industry suffers

Top