U.S. Markets open in 2 hrs 38 mins
  • S&P Futures

    3,629.00
    -3.75 (-0.10%)
     
  • Dow Futures

    29,938.00
    -60.00 (-0.20%)
     
  • Nasdaq Futures

    12,100.00
    +24.00 (+0.20%)
     
  • Russell 2000 Futures

    1,844.90
    -6.60 (-0.36%)
     
  • Crude Oil

    45.10
    +0.19 (+0.42%)
     
  • Gold

    1,809.20
    +4.60 (+0.25%)
     
  • Silver

    23.45
    +0.15 (+0.64%)
     
  • EUR/USD

    1.1891
    -0.0006 (-0.0476%)
     
  • 10-Yr Bond

    0.8820
    0.0000 (0.00%)
     
  • Vix

    22.04
    -0.62 (-2.74%)
     
  • GBP/USD

    1.3322
    -0.0036 (-0.2718%)
     
  • USD/JPY

    104.4600
    -0.0200 (-0.0191%)
     
  • BTC-USD

    19,286.44
    -1.55 (-0.01%)
     
  • CMC Crypto 200

    382.75
    +13.00 (+3.52%)
     
  • FTSE 100

    6,398.11
    -34.06 (-0.53%)
     
  • Nikkei 225

    26,296.86
    +131.27 (+0.50%)
     

Juniper: 3Q Earnings Snapshot

·1 min read

SUNNYVALE, Calif. (AP) _ Juniper Networks Inc. (JNPR) on Tuesday reported third-quarter earnings of $145.4 million.

The Sunnyvale, California-based company said it had net income of 43 cents per share.

The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The computer network equipment maker posted revenue of $1.14 billion in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $1.13 billion.

For the current quarter ending in December, Juniper expects its per-share earnings to range from 48 cents to 58 cents.

The company said it expects revenue in the range of $1.14 billion to $1.24 billion for the fiscal fourth quarter. Analysts surveyed by Zacks had expected revenue of $1.13 billion.

Juniper shares have decreased 11% since the beginning of the year, while the Standard & Poor's 500 index has risen nearly 5%. In the final minutes of trading on Tuesday, shares hit $21.85, a fall of 13% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JNPR at https://www.zacks.com/ap/JNPR