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Juniper Networks (JNPR) Is Losing Ground On Disappointing Outlook

Juniper Networks (JNPR) reported fourth quarter EPS of $0.53 after the close Tuesday, down from $0.66 in the prior year. The consensus estimate was for EPS of $0.52.

The company expects to report first quarter EPS of approximately $0.25, plus or minus $0.03. The consensus estimate is for EPS of $0.42. The stock is now down 1.85 on 687K shares.

Juniper Networks was range-bound throughout Tuesday's session and closed down by 0.16 at $28.32.

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