Juniper Networks Q3 2024 Adj EPS $0.48 Beats $0.44 Estimate, Sales $1.33B Beat $1.26B Estimate
Portfolio Pulse from Benzinga Newsdesk
Juniper Networks reported Q3 2024 earnings of $0.48 per share, beating the $0.44 estimate, and sales of $1.33 billion, surpassing the $1.26 billion estimate. Despite beating estimates, both earnings and sales decreased compared to the same period last year.
October 31, 2024 | 8:15 pm
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Juniper Networks' Q3 2024 earnings and sales beat analyst estimates, but both figures are down from the previous year, indicating potential challenges.
Juniper Networks exceeded analyst expectations for Q3 2024 earnings and sales, which is typically positive for stock prices. However, the year-over-year decline in both earnings and sales suggests underlying challenges, leading to a neutral short-term impact as investors weigh the positive beat against the negative trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100