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E-Commerce Earnings Slated for May 9: STMP, W, PETS, LVNTA

We are nearing the end of the first quarter earnings season with results from 374 S&P 500 members or almost 75% of the index’s total membership already out.

The results, so far, have not been as disappointing as were anticipated at the onset of the earnings season. Per the latest Zacks Earnings Trend report, approximately 71.4% have posted positive earnings surprises. This is because of extremely conservative estimates at the start of this season to account for the dismal start to 2016.

A few e-commerce companies are slated to report their earnings results early next week. E-commerce continues to be one of the integral components of the technology sector with online buying trends fast catching up with the younger generation who are typically quick to adopt technological change. Furthermore, the growing popularity of smartphone applications is a boon for online companies.

Let’s take a quick look at how some bellwethers of the sector performed this quarter. Amazon.com’s AMZN first-quarter earnings per share (EPS) of $1.07 were way ahead of the Zacks Consensus Estimate of 61 cents. The North America and AWS segments were strong contributors to profits while investments in the international business continued. eBay’s EBAY EPS of 14 cents also marched past the Zacks Consensus Estimate of 9 cents. Also, Expedia EXPE reported a positive earnings surprise of 46.87%.

Now, let’s take a sneak peek into four major e-commerce companies, Stamps.com Inc. STMP, Wayfair Inc. W, PetMed Express, Inc. PETS and Liberty Ventures LVNTA that are lined up to report earnings early next week.

Stamps.com, a leading provider of Internet-based postage services to a wide range of users, is slated to report first quarter 2016 results on May 9.

For the quarter, Stamps.com has...


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