Juniper Networks (JNPR) Slammed On Q2 Miss, Weak Guidance

July 26, 2011 4:15 PM EDT
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Price: $39.95 --0%

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Juniper Networks, Inc. (Nasdaq: JNPR) is trading 6% lower following Q2 miss and lower guidance.

Juniper Networks reported Q2 EPS of $0.31, $0.02 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.15 billion.

Juniper Networks, Inc. sees Q3 2011 revenue of $1.07-$1.12 billion, versus the consensus of $1.22 billion. Sees EPS of $0.26-$0.30, versus the consensus of $0.38.


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