Websense Inc. (WBSN) Issues Q4 Earnings Guidance
Websense Inc. (WBSN) updated its fourth quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.32-0.35 for the period.
On a related note, analysts at FBR Capital cut their price target on shares of Websense from $21.00 to $18.00 in a research note to investors on Wednesday, July 25th. They now have a market perform rating on the stock.
Websense Inc. (WBSN) traded up 1.96% on Tuesday, hitting $15.12. Websense Inc. (WBSN) has a 1-year low of $14.26 and a 1-year high of $22.15. The company has a market cap of $549.7 million and a price-to-earnings ratio of 23.50.
Websense last released its earnings data on Tuesday, October 23rd. The company reported $0.43 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.39 by $0.04. The company’s quarterly revenue was down 1.8% on a year-over-year basis. Analysts expect that Websense Inc. (WBSN) will post $1.54 EPS for the current fiscal year.
Websense, Inc. (Websense) is a global provider of unified Web, data and e-mail content security solutions that are designed to protect data and users from cyber-threats, information leaks, legal liability and productivity loss.
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