Investing.com – Sirius XM NASDAQ: reported that revenue was up compared to analysts’ expectations in the first quarter.

Sirius XM posted earnings per share in the range of $0.08 to $2.19B on revenues of $2.19B. Investing.com polled analyst to predict EPS of $0.0807 based on $2.15B in revenue.

Sirius XM shares have fallen 7% since the start of the year. However, they are still 17.99% below their 52-week high of $7.28 on June 9, 2021. They are outperforming the S&P Global 100 which is down 10.1% from the start of the year.

Sirius XM will follow other earnings from the Communication Services Sector this month

Sirius XM reported Tuesday’s earnings, which was missed by Alphabet C, who reported EPS $24.62 on $68.01B in revenue, compared with forecasts EPS $25.75 on $68.08B.

Alphabet had disappointing expectations Tuesday. The first quarter earnings per share (EPS) was $24.62 for revenue $68.01B. That compares with the forecasted EPS ($25.89) on revenue $68.08B.

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