S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Investing

What To Expect From Juniper Networks Q2 2007 (JNPR)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Juniper Networks, Inc. (NASDAQ:JNPR) is set to report earnings atfer the close.  First Call estimates on last look were $0.20 EPS and $649.6 million in revenues.  Over the last four earnings reports, Juniper has not made any upside surprise to EPS estimates.  That makes it hard to get to excited with shares up almost 100% from its 52-week lows.  The good news is that it makes for a contrarian’s dream.  If the company offers formal guidance, the current estimates are for $0.21 EPS and $677.4 million.

The stock is actually trading above the average price target now that shares have run so much since March, so analysts will either need to hike their official price targets or make some ‘downgrades based on valuation.’  Options traders are not weighing very heavily on today’s earnings and the pricing for today’s contracts (that expire Friday) looks to be pricing in less than a 1.5% move either way.

Juniper’s market cap after the last run up has now gotten back to $15 Billion.  Shares trade at 32.8-times 2007 EPS estimates and trade at 5.55-times 2007 revenue estimates.

Jon C. Ogg
July 18, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers. 

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Douglas A. McIntyre |

Earnings Preview: Novellus Systems (NVLS) (July 16, 2007)

Novellus Systems Inc. (NASDAQ:NVLS) reports earnings after today’s close.  First Call estimates were $0.44 EPS and $413.3 million revenues on…
Douglas A. McIntyre |

Tech’s Quadruple Giant Earnings on Deck (AMZN, JNPR, MSFT, SNDK)

Today is effectively what we are penning as the crest of earnings season.  Things have changed because of the sell-off…
Douglas A. McIntyre |

Adobe (ADBE) Earnings Preview: Priced For Perfection (June 14, 2007)

Today after the market close, we’ll see Adobe Systems Inc. (ADBE-NASDAQ) report earnings for its Q2 2007.  First Call estimates…
Douglas A. McIntyre |

General Electric (GE): Comprehensive Review Ahead of Earnings

The world’s conglomerate leader, General Electric (NYSE:GE), is set to report earnings on Friday morning early ahead of the opening…
Buyback and Dividend Hike Unable to Mask Disappointing Revenues at Juniper
Jon C. Ogg |

Buyback and Dividend Hike Unable to Mask Disappointing Revenues at Juniper

Juniper Networks Inc. (NYSE: JNPR | JNPR Price Prediction) tried a move from the “technology earnings season playbook” for what…
Douglas A. McIntyre |

Earnings Preview: Heelys (HLYS)

Heelys, Inc. (NASDAQ:HLYS) has been a like a ride at an amusement park since coming public.  The stock is actually…
Douglas A. McIntyre |

Should Cisco Really Trade Under $30 (CSCO, JNPR, FDRY, MSFT, ALU, NT)

Cisco Systems Inc. (NASDAQ:CSCO) has traded under $30.00 since its earnings report, and 24/7 Wall St. wanted to compare and…
Douglas A. McIntyre |

Can Baidu.com Recapture Its Earnings Mojo? (BIDU)

After today’s close we’ll get to see earnings out of Chinese internet search leader Baidu.com, Inc. (NASDAQ: BIDU).  The estimates…
Lee Jackson |

6 UBS Favorite Tech Stocks to Buy Now

The UBS favorite tech stocks to buy share a common link as they are all among the leaders in their…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618