Sirius XM Holdings (SIRI) Releases Earnings Results, Reports EPS of $0.03 EPS

Sirius XM Holdings (SIRI) reported quarterly earnings results on Thursday, Apr-28-2016. The company reported $0.03 EPS for the quarter. Analysts had a consensus estimate of $0.03. The company posted revenue of $1201.00 million in the period, compared to analysts expectations of $1184.28 million. The company’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 EPS.

Many Wall Street Analysts have commented on Sirius XM Holdings. Company shares were Reiterated by Wunderlich on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 5 from a previous price target of $4.60 .Shares were Reiterated by RBC Capital Mkts on Feb 3, 2016 to “Sector Perform” and Lowered the Price Target to $ 4.25 from a previous price target of $4.50 .

Sirius XM Holdings opened for trading at $3.98 and hit $4.01 on the upside on Wednesday, eventually ending the session at $3.98, with a gain of 0.25% or 0.01 points. The heightened volatility saw the trading volume jump to 3,03,12,713 shares. Company has a market cap of $20,282 M.

In a different news, on Mar 2, 2016, Joan Lordi Amble (director) sold 97,606 shares at $3.76 per share price. According to the SEC, on Nov 12, 2015, Stephen Cook (EVP, Sales and Automotive) sold 222,211 shares at $4.15 per share price. On Oct 27, 2015, Thomas D Barry (Senior VP & Controller) sold 127,318 shares at $4.08 per share price, according to the Form-4 filing with the securities and exchange commission.

Sirius XM Holdings

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