Juniper Networks, Inc. (JNPR) is set to report its Q315 results today after the close with a conference call to follow at 5:00 p.m. Eastern Time. Analysts expect the designer of high-performance network products to report EPS of $0.53 and revenue of $1.23 billion. That would be flat compared to the $0.53 per share posted last quarter and $0.17 higher the $0.36 posted in the Q314. Revenue is projected to be $100 million higher than the $1.13 billion posted in the same period a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $0.57 per share.
As a quick reminder, Juniper Networks reported Q215 EPS of $0.53, $0.13 better than the Street’s consensus estimate of $0.40. Revs declined 0.81% year-over-year to $1.22 billion vs. the $1.11 billion consensus.
On valuation measures, Juniper Networks Inc. stock it’s trading at a forward P/E multiple of 13.99x next year’s estimated earnings. The t-12-month revenue at Juniper is $4.52 billion. The stock’s ROE for the same period is (7.88%).
Shares of the $11.46 billion market cap company are up 50.07% year-over-year and 35.07% year-to-date.
Juniper Networks Inc., currently with a median Wall Street price target of $30.50 and a high target of $39.00, dropped $0.44 to $29.80 in recent trading.