We love stamps, especially ones like these.
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And we love Stamps.com (STMP)
Stamps.com “delivered” another winning quarter
Or you could say Stamps.com sent their investors a wonderful care package.
It beat Q1 earnings by 67 cents.
It beat on revenues.
Revenues went up 85.7%.
Stamps.com raised guidance for 2016 for revenue and EPS.
Stamps.com was down 19% year to date, before releasing earnings.
But in the last 12 months, Stamps.com was up 46% before releasing earnings.
Stamps.com is soaring up 17% after-hours.
Rain or shine, snow or sleet, Stamps.com delivers earnings beats.
Before today’s Q1 earnings, Stamps.com has beaten earnings by an average of 43.84%
Today it beat earnings by 63.8%.
The last five quarters, Stamps.com has gone up 19%.
It’s up 17% after-hours.
Short interest is 19%.
With short covering, don’t be surprised if Stamps.com climbs even higher tomorrow.
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