Sirius XM (NASDAQ:SIRI) is set to report first-quarter 2019 results on Apr 24.
Notably, the company’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average positive surprise being 9.17%.
Sirius XM had slightly more than 34 million total subscribers at the end of 2018. The company’s self-pay subscribers totaled 28.9 million and paid promotional subscribers were 5.1 million.
The Zacks Consensus Estimate for self-pay subscribers and paid promotional subscribers stands at 29 million and 5.1 million, respectively for first-quarter 2019.
Additionally, the consensus mark for revenues is pegged at $1.9 billion for the to-be-reported quarter. The consensus mark for earnings has remained steady at 5 cents over the past seven days.
While the revenue estimate indicates an increase of 34.8% from the year-ago quarter reported figure, the estimate for earnings implies a decline of 16.7%.
Sirius XM Holdings Inc. Price and EPS Surprise
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