What's Coming For Juniper Networks? Main Street, Wall Street Answer

Juniper Networks, Inc. JNPR is scheduled to report its first quarter financial results after the market closes on Thursday.

According to Estimize, both the crowd and Wall Street analysts project consensus EPS of $0.31 (on revenue of $1.044 billion and $1.053 billion, respectively), slightly above the company’s guidance of $0.30 on revenue of $1.040 billion.

Related Link: Credit Suisse: Juniper Now Worth More, But We're Still Neutral

These results would imply a small increase from the $0.29 EPS reported in the same quarter last year, but a decrease from last quarter’s $0.41.

The graph below shows the history of Juniper’s estimates versus actual earnings:

Related Link: Goldman's Top 25 Tactical Trades For Earnings Season

It's also possible to see how estimates have changed over the quarter.

Estimates have been oscillating; however, the crowd has trended downward, while the Street has revised projections upward.

Neutral Thoughts

In a recent report, analysts at Credit Suisse reiterated their Neutral rating on shares of Juniper, but raised their price target from $21 to $23. They expect EPS and revenue to come in in-line with consensus.

A recent Benzinga article reads: “The analysts expect the weakness being witnessed by the company's routing and security segments to continue through 1H2015 due to ‘slower ramp-up of new projects from US based service providers’ and a decline in customer build outs, respectively."