Juniper Networks (NYSE: JNPR) is expected to report Q1 earnings on April 23. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Juniper Networks's revenues will grow 3.2% and EPS will expand 37.5%.

The average estimate for revenue is $1.07 billion. On the bottom line, the average EPS estimate is $0.22.

Revenue details
 Last quarter, Juniper Networks tallied revenue of $1.14 billion. 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 details
 Last quarter, non-GAAP EPS came in at $0.28. GAAP EPS of $0.18 were the same as the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 64.3%, 190 basis points better than the prior-year quarter. Operating margin was 12.5%, 80 basis points worse than the prior-year quarter. Net margin was 8.4%, 20 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $4.59 billion. The average EPS estimate is $1.16.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 616 members out of 722 rating the stock outperform, and 106 members rating it underperform. Among 144 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 119 give Juniper Networks a green thumbs-up, and 25 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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