Sirius XM earnings miss, Revenue beats in Q4
Investing.com - Sirius XM (NASDAQ: SIRI ) reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Sirius XM announced earnings per share of $-0.16 on revenue of $2.19B. Analysts polled by Investing.com anticipated EPS of $0.0557 on revenue of $2.06B.
Sirius XM shares are up 4% from the beginning of the year and are trading at $6.26 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 1.52% year to date.
Sirius XM follows other major Services sector earnings this month
Sirius XM's report follows an earnings beat by Alibaba ADR on Tuesday, who reported EPS of $22.03 on revenue of $221.08B, compared to forecasts EPS of $20.59 on revenue of $214.17B.
Visa A had beat expectations on Thursday with first quarter EPS of $1.42 on revenue of $5.69B, compared to forecast for EPS of $1.28 on revenue of $5.52B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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