Sirius XM Earnings, Revenue Beat in Q2

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Sirius XM announced earnings per share of $0.1 on revenue of $2.16B. Analysts polled by Investing.com anticipated EPS of $0.0668 on revenue of $2.06B.

Sirius XM shares are down 0% from the beginning of the year, still down 21.62% from its 52 week high of $8.14 set on January 27. They are under-performing the Nasdaq 100 which is up 17.36% from the start of the year.

Sirius XM’s report follows an earnings beat by Verizon on July 21, who reported EPS of $1.37 on revenue of $33.8B, compared to forecasts EPS of $1.3 on revenue of $32.77B.

Netflix had missed expectations on July 20 with second quarter EPS of $2.97 on revenue of $7.34B, compared to forecast for EPS of $3.18 on revenue of $7.32B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar