On Wednesday, Sirius XM Radio Inc. SIRI will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Based on Sirius XM management projections, analysts predict EPS of 6 cents on revenue of $1.46 billion.
Sirius XM reported a profit of 7 cents when it published results during the same quarter last year. Sales in that period totaled $1.38 billion. If the company were to match the consensus estimate when it reports Wednesday, earnings would be down 14.29 percent. Sales would be up 5.80 percent from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 0.06 | 0.05 | 0.05 | 0.04 |
| EPS Actual | 0.06 | 0.06 | 0.05 | 0.07 |
Stock Performance
Over the last 52-week period, shares are up 4.78 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on Sirius XM stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Sirius XM's Q3 is scheduled to hold a conference call at 8:00 a.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/8xj5swzg
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
