Juniper Networks’ stock fell by more than 26 percent in the last three months from $20.60 to $15.02 today. The networking equipment maker reported steady revenue for eight consecutive quarters, but profit declined by an average of 46 percent year-over-year in the past four quarters, according to Narrative Science.

Juniper will reveal its fiscal performance in the second quarter tomorrow. The company issued guidance of $1.03 to $1.06 billion  in revenue and expects earnings per share between 15 to 17 cents, but analysts’ consensus estimate is considerably lower than that.

Wall Street’s forecast for the quarter went down from April’s 14 cents per share to just 8, and Juniper’s annual EPS is expected to come in at 49 cents. Revenue will fall 6.3 percent to $1.05 billion from last year’s $1.12 billion according to the same sources.

Juniper is under a lot of pressure have to pull its act together and provide investors with some good news, but analysts haven’t given up hope just yet. 20 of the 29 that follow the company retain a hold rating on the stock, and Citi expressed optimism in a note that went out last week.

“Juniper reports after the close on Tuesday, July 24th. We expect results to be largely inline with consensus and guidance, with potential for a more positive outlook,” writes one report. “More importantly, we expect management to sound relatively constructive on carrier spending (particularly in N. America) and prospects for improvement in T4000 sales, which have shown little traction so far but should see improvement as carriers wrap up certification.”

Earlier this month Juniper Networks unveiled a reworked partner program. The rebranded incentive pack covers more ground than before and aims to offer a big boost to the channel.