Investing.com - Sirius XM (NASDAQ:SIRI) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sirius XM announced earnings per share of $0.08 on revenue of $2.28B. Analysts polled by Investing.com anticipated EPS of $0.0696 on revenue of $2.24B.
Sirius XM shares are down 0% from the beginning of the year, still down 12.64% from its 52 week high of $7.28 set on June 9, 2021. They are outperforming the Nasdaq 100 which is down 8.52% from the start of the year.
Sirius XM follows other major Communication Services sector earnings this month
Sirius XM's report follows an earnings beat by Comcast on Thursday, who reported EPS of $0.77 on revenue of $30.34B, compared to forecasts EPS of $0.7301 on revenue of $29.62B.
Verizon had beat expectations on January 25 with fourth quarter EPS of $1.31 on revenue of $34.1B, compared to forecast for EPS of $1.28 on revenue of $34.06B.
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