Juniper Networks (JNPR) Lags Q4 Earnings and Revenue Estimates
Juniper NetworksJuniper Networks(US:JNPR) Zacks Investment Research·2024-01-30 23:51

分组1 - Juniper Networks reported quarterly earnings of $0.61 per share, missing the Zacks Consensus Estimate of $0.64 per share, and down from $0.65 per share a year ago, representing an earnings surprise of -4.69% [1] - The company posted revenues of $1.36 billion for the quarter, missing the Zacks Consensus Estimate by 2.97%, and down from $1.45 billion year-over-year [1] - Over the last four quarters, Juniper has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [1] 分组2 - Juniper shares have increased approximately 26.3% since the beginning of the year, significantly outperforming the S&P 500's gain of 3.3% [2] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for future stock performance [2] - The estimate revisions trend for Juniper is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [3] 分组3 - The current consensus EPS estimate for the upcoming quarter is $0.40 on revenues of $1.25 billion, and for the current fiscal year, it is $2.33 on revenues of $5.47 billion [4] - The Wireless Equipment industry, to which Juniper belongs, is currently in the top 33% of Zacks industries, suggesting a favorable outlook for stocks in this sector [4] - Another company in the same industry, InterDigital, is expected to report quarterly earnings of $1.21 per share, reflecting a year-over-year change of +12% [5]