Juniper Networks (JNPR) Set to Announce Quarterly Earnings on Thursday

Juniper Networks (NYSE:JNPR) is scheduled to release its earnings data after the market closes on Thursday, October 31st. Analysts expect Juniper Networks to post earnings of $0.47 per share for the quarter.

Juniper Networks (NYSE:JNPR) last issued its earnings results on Thursday, July 25th. The network equipment provider reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.13). The company had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Juniper Networks had a return on equity of 8.02% and a net margin of 4.58%. The business’s revenue was down 16.8% compared to the same quarter last year. During the same period last year, the business posted $0.42 earnings per share. On average, analysts expect Juniper Networks to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Juniper Networks Stock Down 0.1 %

Shares of NYSE JNPR opened at $39.17 on Thursday. Juniper Networks has a 52-week low of $24.87 and a 52-week high of $39.79. The firm has a market capitalization of $12.73 billion, a price-to-earnings ratio of 56.77, a PEG ratio of 11.26 and a beta of 0.93. The stock has a 50 day moving average price of $38.84 and a 200 day moving average price of $37.07. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.23 and a current ratio of 1.69.

Wall Street Analysts Forecast Growth

JNPR has been the subject of several research reports. Needham & Company LLC reiterated a “hold” rating on shares of Juniper Networks in a report on Friday, July 26th. Citigroup reaffirmed a “neutral” rating and issued a $40.00 price objective on shares of Juniper Networks in a research note on Monday, September 23rd. StockNews.com assumed coverage on shares of Juniper Networks in a research report on Monday, September 16th. They set a “hold” rating on the stock. Finally, Barclays lowered their price target on shares of Juniper Networks from $41.00 to $40.00 and set an “equal weight” rating for the company in a research report on Friday, July 26th. Nine equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $37.63.

Juniper Networks Company Profile

Juniper Networks, Inc designs, develops, and sells network products and services worldwide. The company offers routing products, such as ACX series universal access routers to deploy high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; wide-area network SDN controllers; and session smart routers.