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Sirius XM announced earnings per share of $0.07 on revenue of $2.06B. Analysts polled by Investing.com anticipated EPS of $0.0619 on revenue of $2B.
Sirius XM shares are up 11% from the beginning of the year, still down 22.48% from its 52 week high of $8.14 set on January 27. They are outperforming the STOXX 600 which is up 10.31% from the start of the year.
Sirius XM’s report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.38 on revenue of $5.73B, compared to forecasts EPS of $1.27 on revenue of $5.56B.
Verizon had beat expectations on April 21 with first quarter EPS of $1.31 on revenue of $32.9B, compared to forecast for EPS of $1.29 on revenue of $32.46B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
