Investing.com - Sirius XM (NASDAQ:SIRI) reported on Tuesday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Sirius XM announced earnings per share of $0.05 on revenue of $2.06B. Analysts polled by Investing.com anticipated EPS of $0.05 on revenue of $2.02B. That with comparison to EPS of $0.06 on revenue of $1.5B in the same period a year before. Sirius XM had reported EPS of $0.05 on revenue of $2.01B in the previous quarter. Analysts are expecting EPS of $0.05 and revenue of $1.95B in the upcoming quarter.
Sirius XM shares are up 0.28% from the beginning of the year , still down 0.83% from its 52 week high of $7.23 set on January 17. They are under-performing the Nasdaq 100 which is up 3.68% year to date.
Sirius XM follows other major Services sector earnings this month
Sirius XM's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.04 on revenue of $86.03B.
Visa A had matched expectations on Thursday with first quarter EPS of $1.46 on revenue of $6.05B, compared to forecast for EPS of $1.46 on revenue of $6.08B.
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