Juniper’s Revenue Expected to Fall in Fiscal 2018

Previously, we learned that analysts expect Juniper Networks’ (JNPR) (JNPR) revenue to fall ~14% YoY (year-over-year) in fiscal 1Q18. The company’s EPS (earnings per share) are expected to fall ~43% in the quarter. Analysts expect Juniper’s revenue to fall 11.2% YoY to $1.16 billion in 2Q18 and 3.5% YoY to $1.21 billion in 3Q18, and to rise 3.4% YoY to $1.28 billion in 4Q18. This outlook reflects a revenue decline of 5.8% YoY to $4.7 billion in fiscal 2018. Analysts, however, expect Juniper’s revenue to rise 3.2% in fiscal 2019 to $4.9 billion.