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Sirius XM Earnings, Revenue Beat in Q3 -Breaking

by Mike Robinson

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© Reuters. Sirius XM Earnings, Revenue Beat in Q3

Investing.com – Sirius XM NASDAQ: reported that Sirius XM’s third quarter revenue beat forecasts by analysts and was above expectations.

Sirius XM reported earnings per share at $0.08 for revenue of $2.20B. Investing.com polled analyst to predict EPS of $0.0717 based on $2.16B revenue.

Sirius XM shares have fallen 6% since the start of the year. However, they are still 26.78% below their 52-week high of $8.14 on January 27. The shares are outperforming the Nasdaq, which has risen 18.21% since the beginning of the year.

Sirius XM is following other significant earnings in the Services sector this month

Sirius XM reports on Tuesday after Visa A beat them on earnings. Visa A reported EPS at $1.62 per share on $6.56 billion in revenue, compared with forecasts EPS at $1.55 for $6.52B.

Netflix beat all expectations with third-quarter EPS at $3.19 on $7.48B in revenue, as opposed to the forecast of EPS at $2.57 for $7.48B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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