Why OneSpan (OSPN) Dipped More Than Broader Market Today
OneSpan (OSPN) declined 3.59% to $16.10, underperforming the S&P 500. The internet security company is projected to report earnings of $0.22 per share (down 33.33% YoY) with revenue of $57.3 million (up 0.42% YoY). The stock carries a Zacks Rank #3 (Hold) with a Forward P/E of 13.43, trading at a discount to the industry average of 20.46. Full-year estimates forecast earnings of $1.24 per share (down 16.78%) and revenue of $250.31 million (up 2.93%).