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News Breaks | | | | January 24, 2013 | | 13:20 EDT |  | JNPR | Earnings Preview: Juniper Networks shares higher ahead Q4 earnings
Juniper Networks (JNPR) is set to report its Q4 earnings after the market close on Thursday, January 24, with a conference call scheduled for 5:00 pm ET. Juniper Networks is a designer and seller of products and services that provide customers with network infrastructure... EXPECTATIONS: Analysts are looking for EPS of 22c on revenue of $1.13B, according to First Call. The consensus range for EPS is 20c-26c on revenue of $1.11B-$1.17B... LAST QUARTER: Juniper reported Q3 EPS of 22c against estimates for 17c on revenue of $1.12B against estimates for $1.06B. During its Q3 earnings call, Juniper said it sees Q4 EPS 19c-22c against estimates for 22c, on revenue of $1.1B-$1.13B against estimates for $1.15B. At the Raymond James IT Supply Chain conference in December, Juniper said that it has $650M remaining on a June 2012 $1B share repurchase authorization, saying it sees an opportunity for more aggressive share repurchases in the current environment. At the same conference, the company said it has no plans to be a dividend payer in the near-term. On December 12, Juniper announced it acquired Contrail Networks for $176M in cash and stock... STREET RESEARCH: Street research has been generally positive since its Q3 earnings report, and shares were most recently upgraded last week to Overweight from Neutral at JPMogran with a $25 price target. The stock received its lone downgrade, to Sector Perform from Outperform, at Pacific Crest in November, but shares were mentioned positively at Morgan Stanley and Cantor upgraded shares to Buy from Hold in November... PRICE ACTION: Shares of Juniper have gained more than $3.75, or more than 22.5% since the first day of trading following its Q3 report. Ahead of its Q4 report, shares of Juniper are up about 0.4% in afternoon trading. | |
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News For JNPR From The Last 14 Days Check below for free stories on JNPR the last two weeks. |
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| May 16, 2013 | | 08:00 EDT |  | JNPR | Juniper management to meet with ISI Group
 Subscribe for More Information | | | May 13, 2013 | | 07:09 EDT |  | JNPR | Cisco finds difficulties as it diversifies, WSJ reports
Subscribe for More Information | | | 06:05 EDT | | JNPR | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: U.S. companies are on track to raise the most money through IPOs since before the financial crisis, driven by the same thirst for risk among investors that has pushed the stock market to new highs. Already this year, 64 U.S.-listed public offerings have raised $16.8B, according to Dealogic, the Wall Street Journal reports...Cisco Systems (CSCO) shares fell this time last year after executives warned their biggest corporate customers were ordering less equipment. If history repeats itself this week, the networking giant will join a dreary but growing club (IBM, JNPR), the Wall Street Journal reports...REUTERS: Japan's Nikkei share average surged to a new 5-1/2-year high today as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income, Reuters reports...China's factory output growth was surprisingly muted in April, darkening the outlook for the Chinese economic recovery and feeding expectations that the government may take policy action to support activity. Annual industrial output grew 9.3%, up from 8.9% in March but still missing market expectations for a 9.5%, Reuters reports...BLOOMBERG: Wall Street’s major bond dealers are beginning to forecast that the Treasury Department will lower the size of its debt auctions in coming months for the first time in three years as government revenue soars, Bloomberg reports...The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, Bloomberg reports. | | | May 10, 2013 | | 14:52 EDT |  | JNPR | Market poised to end week higher as tech helps lead advance
Subscribe for More Information | | | May 7, 2013 | | 10:00 EDT |  | JNPR | On The Fly: Analyst Initiation Summary
Subscribe for More Information | | | 07:34 EDT | | JNPR | Juniper initiated with a Neutral at Cowen
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