Juniper Networks Q1 EPS $0.29 Misses $0.40 Estimate, Sales $1.15B Miss $1.24B Estimate
Portfolio Pulse from Benzinga Newsdesk
Juniper Networks reported Q1 earnings of $0.29 per share, missing the $0.40 estimate, and sales of $1.15B, below the $1.24B estimate. This represents a significant decrease from the previous year's earnings and sales.
April 25, 2024 | 8:16 pm
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NEGATIVE IMPACT
Juniper Networks missed Q1 earnings and sales estimates, with a significant decrease compared to last year's figures.
Missing both earnings and sales estimates significantly, especially with such a large year-over-year decrease, is likely to negatively impact investor sentiment and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100