OneSpan (OSPN) to Release Quarterly Earnings on Wednesday

OneSpan (NASDAQ:OSPN - Get Free Report) is scheduled to be announcing its earnings results after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.21 per share for the quarter. OneSpan has set its FY 2024 guidance at EPS.Persons that wish to register for the company's earnings conference call can do so using this link.

OneSpan (NASDAQ:OSPN - Get Free Report) last issued its earnings results on Thursday, August 1st. The company reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.08. The business had revenue of $60.92 million for the quarter. OneSpan had a net margin of 6.60% and a return on equity of 18.69%. During the same quarter in the prior year, the company earned ($0.27) earnings per share. On average, analysts expect OneSpan to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

OneSpan Price Performance

OSPN stock traded down $0.54 during mid-day trading on Wednesday, reaching $14.47. The company had a trading volume of 151,547 shares, compared to its average volume of 398,085. The company has a market capitalization of $547.63 million, a PE ratio of -80.39 and a beta of 0.76. The firm has a 50 day moving average of $15.58 and a 200 day moving average of $13.70. OneSpan has a 12 month low of $7.64 and a 12 month high of $16.68.

Wall Street Analysts Forecast Growth

Separately, Rosenblatt Securities assumed coverage on shares of OneSpan in a research report on Friday, September 6th. They issued a "buy" rating and a $20.00 price target for the company. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $15.38.

OneSpan Company Profile

OneSpan Inc, together with its subsidiaries, designs, develops, and markets digital solutions for identity, authentication, and secure digital agreements worldwide. The company offers OneSpan Sign, a range of e-signature requirements for occasional agreement to processing tens of thousands of transactions; OneSpan Cloud Authentication, a cloud-based multifactor authentication solution that supports a range of authentication options, including biometrics, push notification, and visual cryptograms for transaction data security, SMS, and hardware authenticators; and OneSpan Identity Verification, which enables banks and financial institutions identity verification services.