Juniper Networks Inc expected to post earnings of 64 cents a share - Earnings Preview

Juniper Networks

29/01/2024 24:03

* Juniper Networks Inc  JNPR.N   JNPR.K  is expected to show
a
fall in quarterly revenue when it reports  results on January 31
for the period ending December 31 2023
    * The Sunnyvale California-based  company is expected to
report a
2.9% decrease in revenue to $1.407 billion from $1.45 billion a
year ago, according to the mean estimate from 13 analysts, based
on LSEG data.The company's guidance on October 26 2023, for the
period ended December 31, was for revenue between $1.35 billion
and $1.45 billion.
    * ​LSEG's mean analyst estimate for Juniper Networks Inc is
for
earnings of 64 cents per share. The company's EPS guidance on
October 26 2023, for the period ended December 31, was between
$0.58 and $0.68 
    * 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 $37.20. ​​​

The company's guidance on October 26 2023 for the period ended
December 31 was for gross profit margin between USD59% and
USD61%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  0.43        0.43       0.48      Beat    11​
 Dec. 31 2022  0.65        0.65       0.65      Met     0.5
 ​​Sep.        0.50        0.50       0.58      Beat    15.9
 30 2022                                                
 Jun. 30 2022  0.45        0.45       0.42      Missed  -5.8​
 Mar. 31 2022  0.32        0.32       0.31      Missed  -2
 Dec. 31 2021  0.53        0.53       0.56      Beat    5.5
 This summary was machine generated January 29 at 00:02 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)