Juniper Networks Inc expected to post earnings of 44 cents a share - Earnings Preview

Juniper Networks

21/06/2024 21:06

* Juniper Networks Inc  JNPR.N   JNPR.K  is expected to show
a
fall in quarterly revenue when it reports  results on June 25
for the period ending June 30 2024
    * The Sunnyvale California-based  company is expected to
report a
12.1% decrease in revenue to $1.256 billion from $1.43 billion a
year ago, according to the mean estimate from 13 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Juniper Networks Inc is
for
earnings of 44 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 13
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Juniper
Networks
Inc is $40.00​, above​ its last closing price of $35.43. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.40        0.40       0.29      Missed  -27.4
 Jan. 1 2024   0.64        0.64       0.61      Missed  -4.1
 Sep. 30 2023  0.55        0.55       0.60      Beat    9.7​
 Jun. 30 2023  0.55        0.55       0.58      Beat    6.2
 ​​Mar.        0.43        0.43       0.48      Beat    11
 31 2023                                                
 Dec. 31 2022  0.65        0.65       0.65      Met     0.5​
 Sep. 30 2022  0.50        0.50       0.58      Beat    15.9
 Jan. 1 0001   0.45        0.45       0.42      Missed  -5.8
 This summary was machine generated June 21 at 20:06 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)