OneSpan (OSPN) Scheduled to Post Quarterly Earnings on Wednesday

OneSpan (NASDAQ:OSPN) will be releasing its earnings data after the market closes on Wednesday, October 30th. Analysts expect OneSpan to post earnings of $0.21 per share for the quarter. OneSpan has set its FY 2024 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

OneSpan (NASDAQ:OSPN) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.19 by $0.08. OneSpan had a net margin of 6.60% and a return on equity of 18.69%. The firm had revenue of $60.92 million during the quarter. During the same quarter last year, the company earned ($0.27) EPS. 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 opened at $14.58 on Monday. The company has a fifty day moving average price of $15.53 and a 200 day moving average price of $13.78. OneSpan has a 12 month low of $7.64 and a 12 month high of $16.68. The company has a market cap of $552.14 million, a price-to-earnings ratio of 33.91 and a beta of 0.76.

Wall Street Analysts Forecast Growth

Separately, Rosenblatt Securities assumed coverage on shares of OneSpan in a research report on Friday, September 6th. They set a “buy” rating and a $20.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average 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.