Sirius XM Earnings Meet Expectations, Revenue Falls Below Estimates

Sirius XM recently reported its second quarter earnings, posting an earnings per share (EPS) of $0.080, which meets analyst expectations. The company’s revenue for the quarter was $2.18 billion, slightly below the consensus estimate of $2.2 billion.

### Guidance

For the fiscal year 2024, Sirius XM anticipates revenue of $8.750 billion, compared to the analyst consensus expecting $8.780 billion.

Currently, Sirius XM’s stock is priced at $3.45, reflecting a 10.58% increase over the past three months, although it has experienced a decline of 30.44% over the last year. In the past 90 days, there has been one upward revision to EPS forecasts and no downward revisions.

Additionally, Sirius XM has received a “good performance” rating for its financial health.