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Sirius XM announced earnings per share of $0.07 on revenue of $1.95B. Analysts polled by Investing.com anticipated EPS of $0.05 on revenue of $1.92B. That with comparison to EPS of $0.03 on revenue of $1.86B in the same period a year before. Sirius XM had reported EPS of $0.05 on revenue of $2.06B in the previous quarter. Analysts are expecting EPS of $0.06 and revenue of $1.96B in the upcoming quarter.
Sirius XM shares are down 21% from the beginning of the year , still down 24.19% from its 52 week high of $7.40 set on February 20. They are under-performing the Nasdaq 100 which is up 0.4% year to date.
Sirius XM’s report follows an earnings beat by Verizon on Friday, who reported EPS of $1.26 on revenue of $31.61B, compared to forecasts EPS of $1.22 on revenue of $32.38B.
AT&T had missed expectations on April 22 with first quarter EPS of $0.84 on revenue of $42.78B, compared to forecast for EPS of $0.85 on revenue of $44.2B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
