Juniper Networks Earnings: Here’s Why the Stock is Falling Now

Juniper Networks, Inc. (NYSE:JNPR) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0.9%.

Juniper Networks, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 52.63% to $0.29 in the quarter versus EPS of $0.19 in the year-earlier quarter.

Revenue: Rose 7.19% to $1.15 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Juniper Networks, Inc. reported adjusted EPS income of $0.29 per share. By that measure, the company beat the mean analyst estimate of $0.25. It beat the average revenue estimate of $1.09 billion.

Quoting Management: “We’re pleased with our strong second quarter results, which reflect our continued ability to execute on our strategy,” said Kevin Johnson, chief executive officer of Juniper Networks. “We continue to see signs of strength in our key markets and we are confident in our routing and switching portfolio. We are also seeing early signs of improving security demand. As we drive innovation to differentiate across our product portfolio, we continue to deliver revenue growth and stay focused on executing with agility to drive value for all our stakeholders.”

Key Stats (on next page)…

Revenue increased 8.67% from $1.06 billion in the previous quarter. EPS increased 20.83% from $0.24 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.3 to a profit $0.29. For the current year, the average estimate has moved up from a profit of $1.13 to a profit of $1.14 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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