Sirius XM Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

• Sirius XM Holdings Inc SIRI.OQ reported quarterly adjusted earnings of 59 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 70 cents. The mean expectation of twelve analysts for the quarter was for earnings of 66 cents per share. Wall Street expected results to range from 51 cents to 87 cents per share.

• Revenue fell 4.3% to $2.07 billion from a year ago; analysts expected $2.08 billion.

• Sirius XM Holdings Inc's reported EPS for the quarter was 59 cents​.

• The company reported quarterly net income of $204 million.

• Sirius XM Holdings Inc shares had fallen by 5.0% this quarter and lost 6.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and 6 "sell" or "strong sell." The average consensus recommendation for the broadcasting peer group is also "hold"

• Wall Street's median 12-month price target for Sirius XM Holdings Inc is $23.25

This summary was machine generated from LSEG data May 1 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)