Subtext

Juniper Networks, Inc. JNPR

SectorInformation Technology
Transcripts70
Date range2006-04-20 – 2023-10-26
Calls charted69

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-16-8+0+8+162006 Q12008 Q32011 Q12013 Q22015 Q32017 Q42020 Q12022 Q22006 Q1 · Overall: +4.42006 Q2 · Overall: +6.72006 Q3 · Overall: +5.52006 Q4 · Overall: +6.22007 Q1 · Overall: +6.62007 Q3 · Overall: +4.52007 Q4 · Overall: +13.72008 Q1 · Overall: +10.82008 Q2 · Overall: +12.92008 Q3 · Overall: +4.52008 Q4 · Overall: +1.12009 Q2 · Overall: +4.82009 Q3 · Overall: +12.02009 Q4 · Overall: +9.92010 Q1 · Overall: +5.62010 Q2 · Overall: +4.22010 Q3 · Overall: +6.22010 Q4 · Overall: +9.72011 Q1 · Overall: +8.22011 Q2 · Overall: +2.42011 Q3 · Overall: +4.72011 Q4 · Overall: +1.42012 Q1 · Overall: +9.12012 Q2 · Overall: +8.72012 Q3 · Overall: +12.92012 Q4 · Overall: +11.92013 Q1 · Overall: +10.92013 Q2 · Overall: +12.02013 Q3 · Overall: +8.42013 Q4 · Overall: +10.12014 Q1 · Overall: +5.22014 Q2 · Overall: +3.02014 Q3 · Overall: -0.82014 Q4 · Overall: +2.52015 Q1 · Overall: +10.22015 Q2 · Overall: +8.02015 Q3 · Overall: +8.62015 Q4 · Overall: +10.42016 Q1 · Overall: +6.82016 Q2 · Overall: +7.22016 Q3 · Overall: +8.32016 Q4 · Overall: +6.52017 Q1 · Overall: +5.12017 Q2 · Overall: +6.02017 Q3 · Overall: -0.22017 Q4 · Overall: +1.02018 Q1 · Overall: +8.72018 Q2 · Overall: +7.82018 Q3 · Overall: +3.62018 Q4 · Overall: +6.12019 Q1 · Overall: +9.22019 Q2 · Overall: +9.12019 Q3 · Overall: +5.92019 Q4 · Overall: +8.52020 Q1 · Overall: +1.92020 Q2 · Overall: +5.72020 Q3 · Overall: +8.92020 Q4 · Overall: +9.82021 Q1 · Overall: +9.82021 Q2 · Overall: +13.32021 Q3 · Overall: +10.22021 Q4 · Overall: +13.42022 Q1 · Overall: +14.32022 Q2 · Overall: +6.92022 Q3 · Overall: +7.22022 Q4 · Overall: +6.82023 Q1 · Overall: +3.82023 Q2 · Overall: +5.52023 Q3 · Overall: +3.3
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-32-16+0+16+322006 Q12008 Q32011 Q12013 Q22015 Q32017 Q42020 Q12022 Q22006 Q1 · CEO: +15.22006 Q2 · CEO: +12.72006 Q3 · CEO: +8.92006 Q4 · CEO: +10.32007 Q1 · CEO: +14.92007 Q3 · CEO: +11.52007 Q4 · CEO: +19.32008 Q1 · CEO: +7.12008 Q2 · CEO: +13.82008 Q3 · CEO: +7.82008 Q4 · CEO: +7.12009 Q2 · CEO: +6.72009 Q3 · CEO: +18.72009 Q4 · CEO: +14.22010 Q1 · CEO: +12.02010 Q2 · CEO: +8.22010 Q3 · CEO: +9.62010 Q4 · CEO: +12.52011 Q1 · CEO: +9.62011 Q2 · CEO: +11.82011 Q3 · CEO: +11.22011 Q4 · CEO: +10.72012 Q1 · CEO: +20.32012 Q2 · CEO: +14.42012 Q3 · CEO: +16.02012 Q4 · CEO: +24.12013 Q1 · CEO: +14.42013 Q2 · CEO: +18.32013 Q3 · CEO: +11.92013 Q4 · CEO: +12.12014 Q1 · CEO: +9.72014 Q2 · CEO: +13.92014 Q3 · CEO: +3.82014 Q4 · CEO: +13.52015 Q1 · CEO: +14.52015 Q2 · CEO: +16.02015 Q3 · CEO: +13.22015 Q4 · CEO: +18.82016 Q1 · CEO: +14.72016 Q2 · CEO: +14.72016 Q3 · CEO: +16.22016 Q4 · CEO: +13.82017 Q1 · CEO: +13.42017 Q2 · CEO: +15.92017 Q3 · CEO: +8.22017 Q4 · CEO: +9.12018 Q1 · CEO: +18.42018 Q2 · CEO: +18.32018 Q3 · CEO: +9.92018 Q4 · CEO: +16.22019 Q1 · CEO: +18.12019 Q2 · CEO: +16.12019 Q3 · CEO: +12.52019 Q4 · CEO: +15.52020 Q1 · CEO: +12.92020 Q2 · CEO: +15.52020 Q3 · CEO: +17.82020 Q4 · CEO: +21.62021 Q1 · CEO: +21.82021 Q2 · CEO: +27.62021 Q3 · CEO: +26.22021 Q4 · CEO: +26.62022 Q1 · CEO: +25.22022 Q2 · CEO: +17.32022 Q3 · CEO: +16.92022 Q4 · CEO: +20.32023 Q1 · CEO: +12.92023 Q2 · CEO: +12.92023 Q3 · CEO: +15.32006 Q3 · CFO: +7.22006 Q4 · CFO: +11.52007 Q1 · CFO: -1.32007 Q3 · CFO: +2.62007 Q4 · CFO: +13.42008 Q1 · CFO: +17.22008 Q2 · CFO: +25.42008 Q3 · CFO: +17.72008 Q4 · CFO: +4.42009 Q2 · CFO: +6.82009 Q3 · CFO: +16.32009 Q4 · CFO: +19.82010 Q1 · CFO: +6.42010 Q2 · CFO: +12.32010 Q3 · CFO: +11.62010 Q4 · CFO: +16.12011 Q1 · CFO: +15.52011 Q2 · CFO: +5.12011 Q3 · CFO: +8.42011 Q4 · CFO: +3.12012 Q1 · CFO: +3.82012 Q2 · CFO: +8.32012 Q3 · CFO: +20.02012 Q4 · CFO: +11.72013 Q1 · CFO: +9.32013 Q2 · CFO: +19.82013 Q3 · CFO: +8.02013 Q4 · CFO: +14.32014 Q1 · CFO: +9.82014 Q2 · CFO: +3.72014 Q3 · CFO: -1.72014 Q4 · CFO: -0.82015 Q1 · CFO: +15.22015 Q2 · CFO: +5.52015 Q3 · CFO: +16.22015 Q4 · CFO: +13.72016 Q3 · CFO: +6.92016 Q4 · CFO: +9.82017 Q1 · CFO: +8.92017 Q2 · CFO: +14.22017 Q3 · CFO: +4.32017 Q4 · CFO: +0.32018 Q1 · CFO: +1.92018 Q2 · CFO: +5.82018 Q3 · CFO: -1.42018 Q4 · CFO: +0.02019 Q1 · CFO: +5.42019 Q2 · CFO: +9.22019 Q3 · CFO: +6.02019 Q4 · CFO: +4.62020 Q1 · CFO: +7.52020 Q2 · CFO: +5.52020 Q3 · CFO: +3.12020 Q4 · CFO: +1.92021 Q1 · CFO: +3.72021 Q2 · CFO: +9.12021 Q3 · CFO: +6.32021 Q4 · CFO: +4.42022 Q1 · CFO: +7.92022 Q2 · CFO: +5.92022 Q3 · CFO: +7.92022 Q4 · CFO: +3.62023 Q1 · CFO: +4.82023 Q2 · CFO: +3.02023 Q3 · CFO: +1.1
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-36-18+0+18+362006 Q12008 Q32011 Q12013 Q22015 Q32017 Q42020 Q12022 Q22006 Q1 · Prepared remarks: +9.82006 Q2 · Prepared remarks: +14.92006 Q3 · Prepared remarks: +11.12006 Q4 · Prepared remarks: +14.22007 Q1 · Prepared remarks: +13.02007 Q3 · Prepared remarks: +14.62007 Q4 · Prepared remarks: +23.02008 Q1 · Prepared remarks: +19.42008 Q2 · Prepared remarks: +19.62008 Q3 · Prepared remarks: +17.12008 Q4 · Prepared remarks: +8.42009 Q2 · Prepared remarks: +8.92009 Q3 · Prepared remarks: +19.82009 Q4 · Prepared remarks: +23.72010 Q1 · Prepared remarks: +13.42010 Q2 · Prepared remarks: +15.52010 Q3 · Prepared remarks: +14.42010 Q4 · Prepared remarks: +16.92011 Q1 · Prepared remarks: +17.92011 Q2 · Prepared remarks: +9.92011 Q3 · Prepared remarks: +11.62011 Q4 · Prepared remarks: +11.62012 Q1 · Prepared remarks: +18.72012 Q2 · Prepared remarks: +13.32012 Q3 · Prepared remarks: +21.62012 Q4 · Prepared remarks: +21.62013 Q1 · Prepared remarks: +18.72013 Q2 · Prepared remarks: +27.12013 Q3 · Prepared remarks: +22.82013 Q4 · Prepared remarks: +17.22014 Q1 · Prepared remarks: +16.22014 Q2 · Prepared remarks: +13.82014 Q3 · Prepared remarks: +3.82014 Q4 · Prepared remarks: +9.22015 Q1 · Prepared remarks: +26.12015 Q2 · Prepared remarks: +31.22015 Q3 · Prepared remarks: +22.82015 Q4 · Prepared remarks: +25.42016 Q1 · Prepared remarks: +15.02016 Q2 · Prepared remarks: +23.62016 Q3 · Prepared remarks: +22.72016 Q4 · Prepared remarks: +19.92017 Q1 · Prepared remarks: +23.62017 Q2 · Prepared remarks: +24.62017 Q3 · Prepared remarks: +10.52017 Q4 · Prepared remarks: +9.72018 Q1 · Prepared remarks: +18.42018 Q2 · Prepared remarks: +12.52018 Q3 · Prepared remarks: +15.82018 Q4 · Prepared remarks: +12.62019 Q1 · Prepared remarks: +16.32019 Q2 · Prepared remarks: +18.82019 Q3 · Prepared remarks: +14.02019 Q4 · Prepared remarks: +15.82020 Q1 · Prepared remarks: +9.82020 Q2 · Prepared remarks: +14.62020 Q3 · Prepared remarks: +20.82020 Q4 · Prepared remarks: +17.72021 Q1 · Prepared remarks: +26.72021 Q2 · Prepared remarks: +25.12021 Q3 · Prepared remarks: +16.42021 Q4 · Prepared remarks: +18.72022 Q1 · Prepared remarks: +19.52022 Q2 · Prepared remarks: +19.92022 Q3 · Prepared remarks: +20.32022 Q4 · Prepared remarks: +17.52023 Q1 · Prepared remarks: +17.72023 Q2 · Prepared remarks: +20.62023 Q3 · Prepared remarks: +20.92006 Q1 · Q&A responses: +1.22006 Q2 · Q&A responses: +1.92006 Q3 · Q&A responses: +3.42006 Q4 · Q&A responses: -1.72007 Q1 · Q&A responses: +5.92007 Q3 · Q&A responses: +0.82007 Q4 · Q&A responses: +9.12008 Q1 · Q&A responses: +0.92008 Q2 · Q&A responses: +8.72008 Q3 · Q&A responses: +2.72008 Q4 · Q&A responses: +1.22009 Q2 · Q&A responses: +3.82009 Q3 · Q&A responses: +12.32009 Q4 · Q&A responses: +5.72010 Q1 · Q&A responses: +5.52010 Q2 · Q&A responses: +4.92010 Q3 · Q&A responses: +7.42010 Q4 · Q&A responses: +9.42011 Q1 · Q&A responses: +3.82011 Q2 · Q&A responses: +7.32011 Q3 · Q&A responses: +5.42011 Q4 · Q&A responses: -1.22012 Q1 · Q&A responses: +8.32012 Q2 · Q&A responses: +9.82012 Q3 · Q&A responses: +10.32012 Q4 · Q&A responses: +6.82013 Q1 · Q&A responses: +7.32013 Q2 · Q&A responses: +5.42013 Q3 · Q&A responses: +3.22013 Q4 · Q&A responses: +9.22014 Q1 · Q&A responses: +5.22014 Q2 · Q&A responses: -2.42014 Q3 · Q&A responses: -1.12014 Q4 · Q&A responses: +3.42015 Q1 · Q&A responses: +10.02015 Q2 · Q&A responses: +6.92015 Q3 · Q&A responses: +10.02015 Q4 · Q&A responses: +13.12016 Q1 · Q&A responses: +9.92016 Q2 · Q&A responses: +10.42016 Q3 · Q&A responses: +9.52016 Q4 · Q&A responses: +9.32017 Q1 · Q&A responses: +6.42017 Q2 · Q&A responses: +11.32017 Q3 · Q&A responses: +3.82017 Q4 · Q&A responses: +3.72018 Q1 · Q&A responses: +10.52018 Q2 · Q&A responses: +15.82018 Q3 · Q&A responses: +3.82018 Q4 · Q&A responses: +8.82019 Q1 · Q&A responses: +13.72019 Q2 · Q&A responses: +11.72019 Q3 · Q&A responses: +8.42019 Q4 · Q&A responses: +9.62020 Q1 · Q&A responses: +2.32020 Q2 · Q&A responses: +10.62020 Q3 · Q&A responses: +7.92020 Q4 · Q&A responses: +14.82021 Q1 · Q&A responses: +6.82021 Q2 · Q&A responses: +12.12021 Q3 · Q&A responses: +15.62021 Q4 · Q&A responses: +17.52022 Q1 · Q&A responses: +20.52022 Q2 · Q&A responses: +4.02022 Q3 · Q&A responses: +6.02022 Q4 · Q&A responses: +7.42023 Q1 · Q&A responses: +4.32023 Q2 · Q&A responses: +1.82023 Q3 · Q&A responses: +0.7
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$1.56$2.05$2.532006 Q12008 Q32011 Q12013 Q22015 Q32017 Q42020 Q12022 Q22014 Q1: $1.642014 Q2: $1.802014 Q3: $1.782014 Q4: $1.632015 Q1: $1.702015 Q2: $1.812015 Q3: $2.062015 Q4: $2.202016 Q1: $2.192016 Q2: $2.092016 Q3: $2.122016 Q4: $2.242017 Q1: $2.232017 Q2: $2.292017 Q3: $2.322017 Q4: $2.152018 Q1: $1.892018 Q2: $1.972018 Q3: $1.972018 Q4: $2.042019 Q1: $1.832019 Q2: $1.862019 Q3: $1.862019 Q4: $1.862020 Q1: $1.772020 Q2: $1.672020 Q3: $1.752020 Q4: $1.662021 Q1: $1.702021 Q2: $1.802021 Q3: $1.882021 Q4: $1.962022 Q1: $2.052022 Q2: $2.122022 Q3: $2.122022 Q4: $2.272023 Q1: $2.362023 Q2: $2.462023 Q3: $2.33

Forward P/E

9.8113.8717.932006 Q12008 Q32011 Q12013 Q22015 Q32017 Q42020 Q12022 Q22014 Q1: 16.182014 Q2: 13.992014 Q3: 12.822014 Q4: 13.142015 Q1: 14.022015 Q2: 15.152015 Q3: 12.592015 Q4: 13.362016 Q1: 11.742016 Q2: 10.982016 Q3: 10.712016 Q4: 12.662017 Q1: 12.702017 Q2: 12.512017 Q3: 11.882017 Q4: 13.542018 Q1: 13.882018 Q2: 14.172018 Q3: 14.802018 Q4: 13.222019 Q1: 14.462019 Q2: 14.442019 Q3: 12.872019 Q4: 13.022020 Q1: 10.372020 Q2: 14.412020 Q3: 13.312020 Q4: 13.362021 Q1: 14.942021 Q2: 15.672021 Q3: 14.942021 Q4: 17.372022 Q1: 16.652022 Q2: 13.482022 Q3: 13.232022 Q4: 14.572023 Q1: 12.992023 Q2: 12.852023 Q3: 12.22

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q2 tone ↓ -2.2 fwd EPS ↑ +0.17 Tone cooled even as the forward EPS estimate rose.
  • 2014 Q4 tone ↑ +3.3 fwd EPS ↓ -0.15 Tone rose while the forward EPS estimate was cut.
  • 2015 Q2 tone ↓ -2.2 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q3 tone ↓ -6.3 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q1 tone ↑ +7.8 fwd EPS ↓ -0.26 Tone rose while the forward EPS estimate was cut.
  • 2019 Q1 tone ↑ +3.1 fwd EPS ↓ -0.21 Tone rose while the forward EPS estimate was cut.
  • 2020 Q2 tone ↑ +3.8 fwd EPS ↓ -0.10 Tone rose while the forward EPS estimate was cut.
  • 2021 Q3 tone ↓ -3.1 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q2 tone ↓ -7.4 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q1 tone ↓ -3.0 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2023 Q32023-10-26+3.3$2.3312.2View →
2023 Q22023-07-27+5.5$2.4612.8View →
2023 Q12023-04-25+3.8$2.3613.0View →
2022 Q42023-01-31+6.8$2.2714.6View →
2022 Q32022-10-25+7.2$2.1213.2View →
2022 Q22022-07-26+6.9$2.1213.5View →
2022 Q12022-04-26+14.3$2.0516.6View →
2021 Q42022-01-27+13.4$1.9617.4View →