Countdown to Juniper (JNPR) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Viewpoint - Analysts project that Juniper Networks (JNPR) will report quarterly earnings of $0.44 per share, reflecting a 26.7% decline year over year, with revenues expected to reach $1.27 billion, down 9.3% from the same quarter last year [1] Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong relationship between earnings estimate revisions and short-term stock performance [2] Key Metrics Overview - Analysts estimate 'Net revenues- Hardware Maintenance and Professional Services' at $412.56 million, indicating a year-over-year change of +0.8% [4] - 'Net revenues- Campus and Branch' are projected at $322.25 million, reflecting a decline of 15.8% year over year [4] - 'Net revenues- Data Center' is expected to reach $171.99 million, showing a +1.2% change from the previous year [4] Revenue Projections - 'Net revenues- Wide Area Networking' is estimated at $400.09 million, down 8.3% from the prior year [5] - 'Revenue- Service' is projected to be $488.90 million, indicating a decline of 2.2% year over year [5] - 'Revenue- Product' is expected to reach $827.18 million, reflecting a year-over-year change of -7.9% [5] Additional Revenue Insights - 'Revenue- Service Provider' is forecasted at $383.78 million, down 8.4% year over year [6] - 'Revenue- Enterprise' is expected to be $631.19 million, indicating an 11% decline from the previous year [6] - 'Revenue- Cloud' is projected at $265.62 million, reflecting a -1.5% change year over year [6] Gross Margin Estimates - 'Non-GAAP Gross margin- Service' is expected to reach $346.54 million, compared to $363.70 million from the previous year [7] - 'Non-GAAP Gross margin- Product' is projected at $437.02 million, down from $468.60 million year over year [7] Stock Performance - Shares of Juniper have changed by +0.4% in the past month, compared to a +1.8% move of the Zacks S&P 500 composite, with a Zacks Rank 3 (Hold) indicating expected performance in line with the overall market [7]