India, Feb. 20 -- Shares of Stamps.com Inc. (STMP) are rallying above 35% today, as the internet-based mailing and shipping solutions provider issued a spectacular outlook for fiscal 2020, allaying investor concerns about its growth, after the company ended its exclusive deal with the USPS last year. The stock has been trading between $32.54 and $203.87 in the past one year.
FY 2020 Guidance
For fiscal year 2020, the company currently expects GAAP net income in a range of about $41 million - $53 million, or about $2.08 - $2.92 per share, adjusted earnings per share in a range of about $4.00 - $5.00, and total revenue in a range of about $570 million - $600 million.
Analysts polled by Thomson Reuters expect earnings of $3.23 per share on ...