Juniper Networks (NYSE: JNPR ) reported earnings on Jan. 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Juniper Networks beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share grew.
Gross margins increased, operating margins contracted, net margins dropped.
Juniper Networks chalked up revenue of $1.14 billion. The 32 analysts polled by S&P Capital IQ hoped for a top line of $1.13 billion on the same basis. GAAP reported sales were 1.8% higher than the prior-year quarter's $1.12 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.28. The 34 earnings estimates compiled by S&P Capital IQ forecast $0.22 per share. GAAP EPS of $0.19 for Q4 were 5.6% higher than the prior-year quarter's $0.18 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 64.3%, 220 basis points better than the prior-year quarter. Operating margin was 12.5%, 50 basis points worse than the prior-year quarter. Net margin was 8.4%, 20 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $1.07 billion. On the bottom line, the average EPS estimate is $0.20.
Next year's average estimate for revenue is $4.60 billion. The average EPS estimate is $1.11.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 623 members out of 724 rating the stock outperform, and 101 members rating it underperform. Among 159 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 135 give Juniper Networks a green thumbs-up, and 24 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Juniper Networks is hold, with an average price target of $18.99.
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