Actionable news
0
All posts from Actionable news
Actionable news in JNPR: JUNIPER NETWORKS INC,

Is Juniper Networks in Trouble?

Juniper Networks (JNPR - Get Report) guided lower and investors dumped the shares. But this shouldn't have been a surprise, since the stock peaked in November. I think Juniper stock could return to its 52-week low.

Juniper lowered guidance due to weaker enterprise markets in the U.S. and emerging markets and due to the timing of orders from Tier 1 telecoms. This is the second quarter in a row that Juniper has missed estimates. At the end of last quarter, management gave "conservative" guidance and couldn't hit those numbers.

Specifically, the company said first-quarter earnings per share would be between 35 cents and 37 cents vs. the previous estimate of 44 cents. Management guided revenue to a mid point of $1.095 billion.

The new guidance puts revenue 7% below the previous estimate. In fact...


More