UPDATE: Juniper Networks (JNPR) Tops Q4 EPS by 2c, Guidance Misses
Juniper Networks (NYSE: JNPR) reported Q4 EPS of $0.59, $0.02 better than the analyst estimate of $0.57. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.22 billion.
GUIDANCE:
Juniper Networks sees FY2019 EPS of $1.75-$1.85, versus the consensus of $2.04.
Juniper Networks sees Q1 EPS of $0.20, versus the consensus of $0.37. Juniper Networks sees Q1 revenue of $980 million, versus the consensus of $1.11 billion.
Our Q1 revenue outlook reflects continued weakness with our Cloud customers. In addition, we are transitioning our go-to-market organization to enable our strategy. While we are confident these changes will lead to long-term growth, this may result in short-term challenges. We have also factored in the partial US Federal government shutdown and geopolitical uncertainty which we believe could adversely impact our business in the early part of 2019. These factors lead us to expect below normal seasonality for the first quarter.
For earnings history and earnings-related data on Juniper Networks (JNPR) click here.