Websense (WBSN) Releases Q4 Earnings Guidance
Websense (WBSN) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided earnings per share guidance of $0.27-0.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.33. The company issued revenue guidance of $91.5-92.0 million, compared to the consensus revenue estimate of $91.01 million.
Websense (WBSN) opened at 14.98 on Monday. Websense (WBSN) has a 1-year low of $12.70 and a 1-year high of $22.15. The stock’s 50-day moving average is currently $14.66. The company has a market cap of $546.8 million and a price-to-earnings ratio of 22.77.
Websense last posted its quarterly earnings results on Tuesday, October 23rd. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.04. Websense’s revenue was down 1.8% compared to the same quarter last year. Websense has set its Q4 guidance at $0.32-0.35 EPS. On average, analysts predict that Websense (WBSN) will post $1.52 earnings per share for the current fiscal year.
On a related note, analysts at FBR Capital cut their price target on shares of Websense from $18.00 to $16.00 in a research note to investors on Wednesday, October 24th. They now have a market perform rating on the stock.
One analyst has rated the stock with a buy rating, nine have issued a hold rating, and three have assigned a sell rating to the stock. The company presently has a consensus rating of hold and a consensus target price of $15.79.
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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