Juniper Networks Inc. Fourth Quarter Earnings Preview

S&P 500 (NYSE:SPY) component Juniper Networks, Inc. (NYSE:JNPR) will unveil its latest earnings on Thursday, January 26, 2012. Juniper Networks offers products and services that facilitate the deployment of services and applications over the Internet.

Juniper Networks, Inc. Earnings Preview Cheat Sheet.

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 21 cents per share, a decline of 41.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 26 cents. Between one and three months ago, the average estimate moved up. It has dropped from 27 cents during the last month. For the year, analysts are projecting net income of 89 cents per share, a decline of 16.8% from last year.

Past Earnings Performance: For the past three quarters, the company’s quarterly results have come in below analyst’s expectations. Last quarter, the company reported profit of 19 cents per share versus a mean estimate of net income of 20 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $1.13 billion in revenue this quarter, a decline of 5% from the year ago quarter. Analysts are forecasting total revenue of $4.46 billion for the year, a rise of 9% from last year’s revenue of $4.09 billion.

Analyst Ratings: Analysts seem relatively indifferent about Juniper Networks with 15 of 29 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit fell 37.8% to $83.7 million (16 cents a share) from $134.5 million (25 cents a share) the year earlier, missing analyst expectations. Revenue rose 9.2% to $1.11 billion from $1.01 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 14.5% in the second quarter from the year earlier, climbed 20.7% in the first quarter from the year-ago quarter and 26.4% in the fourth quarter of the last fiscal year.

The company has seen net income fall in each of the last three quarters. Net income fell 11.5% in the second quarter and 20.5% in the first quarter.

Competitors to Watch: Cisco Systems, Inc. (NASDAQ:CSCO), Alcatel-Lucent (NYSE:ALU), Extreme Networks, Inc (NASDAQ:EXTR), Riverbed Technology, Inc. (NASDAQ:RVBD), ADTRAN, Inc. (NASDAQ:ADTN), Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), Nokia Corporation (NYSE:NOK), Hewlett-Packard Company (NYSE:HPQ), Tellabs, Inc. (NASDAQ:TLAB), and Intl. Business Machines Corp. (NYSE:IBM).

Stock Price Performance: During December 20, 2011 to January 20, 2012, the stock price had risen $3.25 (16.5%) from $19.74 to $22.99. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 15, 2011 when shares rose for 13-straight days, rising 22.4% (+$8.11) over that span. It saw one of its worst periods between December 5, 2011 and December 19, 2011 when shares fell for 11-straight days, falling 22.4% (-$5.24) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com