Stamps.com Q3 Profit Rises - Quick Facts

(RTTNews) - Stamps.com Inc. (STMP) Wednesday reported third-quarter profit of $8.76 million or $0.53 per share, up from $6.98 million or $0.42 per share in the same period last year.

Adjusted earnings for the quarter was $10.1 million or $0.62 per share. On average, three analysts polled by Thomson Reuters expected the company to earn $0.51 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $31.25 million from $29.07 million last year. Analysts expected revenues of $31.55 million.

Looking ahead to the fiscal 2013, the company has raised its earnings guidance to a range of $1.93 to $2.13 per share from $1.73 to $1.93 per share, issued previously. Adjusted earnings are expected to be in a range of $2.20 to $2.40 per share, up from the previous guidance range of $2.00 to $2.20 per share.

Revenues are projected in a range of $125 million to $135 million. Analysts currently expect the company to report full-year earnings of $2.18 per share on revenues of $130.14 million.