Juniper Networks, Inc. (JNPR)

[eastunder]

JNPR: Q2 Adj EPS 31c vs 30c Misses 34c Est; Guidance Below Consensus

Tuesday , July 26, 2011 16:20ET

QUARTER RESULTS
Juniper Networks Inc (JNPR) reported Q2 results ended June 2011. Q2 Revenues were $1,120.00M; +14.48% vs yr-ago; MISSING revenue consensus by -2.95%. Adjusted Q2 EPS was 31c; +3.33% vs yr-ago; MISSING earnings consensus by -8.82%.

Q2 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:     $1,120.00M      $978.30M     +14.48%    $1,154.03M      -2.95% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Adj EPS:             31c           30c      +3.33%           34c      -8.82% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 

GUIDANCE

Q3-11 Revenue Outlook [$1070 - $1120M]: JNPR expects Q3 2011 revenues of $1.07 to $1.12 billion. The Q3-11 revenue forecast is below current consensus estimates.
Q3-11 Earnings Outlook [26c - 30c]: JNPR expects Q3 2011 adjusted EPS of $0.26 to $0.30. The Q3-11 earnings forecast is below current consensus estimates.