NEW YORK (TheStreet) -- Shares of Stamps.com (STMP) - Get Report are rising 0.63% to $80.04 in late afternoon trading today as the mailing and shipping website expects to post second quarter earnings and revenue after today's market close.
Analysts expect Stamps.com to report earnings of $1.26 per share on revenue of $73.49 million.
Last year, the company posted earnings of 97 cents per share on revenue of $48.36 million.
Stamps.com announced earlier this month that it purchased Austin-based shipping software company ShippingEasy for approximately $55 million in cash funded from existing cash and investments. ShippingEasy will now serve as a wholly owned subsidiary of Stamps.com.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:
We rate STAMPS.COM INC as a Buy with a ratings score of B-. COM INC (STMP) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.
You can view the full analysis from the report here: STMP