Networking equipment maker Juniper Networks will hold its earnings call on Tuesday, July 26, and analysts forecast that the company will manage to maintain the steady growth rate, an average of 23.06 percent year-over-year, it had throughout the past four quarters.

Juniper is expected to report $1.15 billion in revenue this quarter, a rise of 17.6 percent from last year. Year-round revenue is forecasted to be $4.84 billion, 18.3 percent more than in 2010.

The average profit estimates from Wall Street are at 27 percent per share, a 12.5 percent increase from last year, and net income of $1.24 per share, which represents 15.6 percent growth compared to the second quarter of 2010. The company hit expectations last quarter when it rreported GAAP EPS of $0.24 per share, and non-GAAP EPS of $0.32 per share.  Analysts surveyed by Thomson Reuters had expected GAAP earnings of $0.24 per share and non-GAAP earnings of $0.32 per share.

“The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 23.6%, with the biggest boost coming in the fourth quarter of the last fiscal year when revenue rose 26.4% from the year earlier quarter.”

Juniper is trying to accelerate growth via a number means. That includes is a lot of investment in R&D, as chief executive Kevin Johnson highlighted in a Forbes interview shortly after his company got the number 42 spot on Forbes’ Most Innovative Companies ranking. Another approach is strengthening its executive management. Following the hiring of two former Cisco execs, two more joined the ranks of Juniper.  Bask Iyer, former CIO of Fortune 100 company Honeywell will now assume the same position at the networking company, while Martin Garvin, who oversaw Dell’s global supply chain, has been appointed as SVP of manufacturing.

In the same timeframe of these updates, Robyn Denholm, EVP and CFO said in an interview that she believes the dollar and the euro won’t decline much on the long, but only face a ““relatively weak” near term outlook.