Juniper Networks Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Juniper Networks (NYSE:JNPR) will unveil its latest earnings tomorrow, Thursday, January 24, 2013. Juniper Networks offers products and services that facilitate the deployment of services and applications over the Internet.

Juniper Networks Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of 15 cents per share, a decline of 28.6% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 16 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 15 cents during the last month. Analysts are projecting profit to rise by 44.8% compared to last year’s 48 cents.

Past Earnings Performance: The company is looking to top estimates for the third straight quarter. Last quarter, it reported profit of 14 cents per share against a mean estimate of net income of 10 cents, and the quarter before, the company exceeded forecasts by 3 cents with profit of 11 cents versus a mean estimate of net income of 8 cents.

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A Look Back: In the third quarter, profit fell 79.9% to $16.8 million (3 cents a share) from $83.7 million (16 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 1.1% to $1.12 billion from $1.11 billion.

Here’s how Juniper Networks traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: