On Tuesday, July 30, Sirius XM Holdings (NASDAQ: SIRI) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Wall Street expects EPS of 5 cents and sales around $1.94 billion.
Analysts estimate would represent a 16.67% decrease in the company's earnings. Sales would be up 35.47% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
|Quarter||Q1 2019||Q4 2018||Q3 2018||Q2 2018|
Over the last 52-week period, shares are down 13.61%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Sirius XM Holdings stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Sirius XM Holdings is scheduled to hold a conference call at 8:00 a.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/f2iovyvs
See more from Benzinga
- Steven Madden's Q2 Earnings Outlook
- Altria Group's Q2 Earnings Outlook
- A Preview Of Eaton's Q2 Earnings
© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.