Juniper Networks Q2 Adj $0.58 Beats $0.55 Estimate, Sales $1.43B Beat $1.42B Estimate
Portfolio Pulse from Benzinga Newsdesk
Juniper Networks reported Q2 earnings of $0.58 per share, beating the analyst consensus estimate of $0.55 by 5.45%. This is a 38.1% increase over earnings of $0.42 per share from the same period last year. The company also reported quarterly sales of $1.43 billion, beating the analyst consensus estimate of $1.42 billion by 0.70%. This is a 12.60% increase over sales of $1.27 billion the same period last year.
July 27, 2023 | 8:23 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Juniper Networks reported better than expected Q2 earnings and sales, which could positively impact its stock price in the short term.
Juniper Networks reported Q2 earnings and sales that beat analyst estimates. This is generally seen as positive news that could drive the stock price up in the short term. The earnings per share increased by 38.1% YoY and sales increased by 12.6% YoY, indicating strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100