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VASCO (VDSI) Q4 Earnings: What's in Store for the Stock?

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Leading security software firm VASCO Data Security International Inc.  is set to report fourth-quarter 2016 results after market close on Feb 14. VASCO has a solid earnings surprise history, beating estimates in three of the last four quarters with a positive average earnings surprise of 97.86%.

Let’s see how things are shaping up for this announcement.

Key Factors to Consider

VASCO is a global leader in authentication, electronic signatures, and identity management. In the previous quarter, the company made a strategic investment in Promon AS. The deal expands an existing business relationship between VASCO and Promon AS. Both the companies have been working together to further develop mobile application security solutions. The synergies of the deal will likely help augment the company’s top line in the to-be-reported quarter.

During the fourth quarter, VASCO entered into an agreement with BankMobile, a division of Customers Bank, America’s largest mobile-first bank. Per the deal, VASCO will implement its DIGIPASS for Apps mobile application security solution with Runtime Application Self-Protection in the latter’s mobile banking application. This deal is expected to augment the company’s revenues in the quarter.

The company continues to make investments to build its capabilities in sales, marketing and R&D. It remains focused on generating high operating margins, driven by continuous investments and a shift in the product mix with higher gross-margin products. However, these investments may lead to higher expenses, in turn curbing its profitability in the to-be-reported quarter.

Earnings Whispers

Our proven model does not conclusively show that VASCO is likely to beat on earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) to post an earnings beat. However, this is not the case here, as you will see below.

You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is at 0.00%.

Zacks Rank: VASCO’s Zacks Rank #3, when combined with 0.00% ESP makes earnings beat uncertain this quarter.

We caution against stocks with a Zacks Rank #4 and #5 (Sell-rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions.

Stocks to Consider

Here are some companies, which you may consider as our model shows that these have the right combination of elements to post earnings beat this quarter:

Century Communities, Inc. (CCS - Free Report) with an Earnings ESP of +14.93% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Curtiss-Wright Corporation (CW - Free Report) has an Earnings ESP of +1.35% and a Zacks Rank #3. 

Incyte Corporation (INCY - Free Report) has an Earnings ESP of +85.71% and a Zacks Rank #3.

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