Stamps.com gets target boost before earnings [Seeking Alpha]
Stamps.com Inc. (STMP)
Last stamps.com inc. earnings: 2/19 04:30 pm
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US:NASDAQ Investor Relations:
investor.stamps.com/investor-relations
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Source: Seeking Alpha
Seeking Alpha Tech Stamps.com gets target boost before earnings Oct. 4, 2019 7:55 AM ET | Stamps.com Inc. (STMP) Brandy Betz B. Riley maintains a Neutral rating on Stamps.com (NASDAQ: Analyst Zach Cummins says the recent Universal Postal Union decision eases some near-term concerns. Cummins raises his FY19 revenue estimate from $539.5M to $544.4M and FY20 from $499.5M to $504.6M. Consensus estimates have $540.6M for FY19 and $525.2M for FY20. The analyst remains cautious on future numbers because it's "still believed that the USPS will meaningfully reduce margins for resellers in FY20 and FY21." STMP shares are flat pre-market at $72.85. The company has an Outperform average Sell Side rating Click to subscribe to real-time analytics on STMP Now read: Stamps.com: Now Very Interesting » Subscribe
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