Investing.com - Sirius XM reported first quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.03 on revenue of $1.74B. Analysts polled by Investing.com expected EPS of $0.05 on revenue of $1.77B. That compared to EPS of $0.06 on revenue of $1.38B in the same period a year earlier. The company had reported EPS of $0.06 on revenue of $1.5B in the previous quarter.
Sirius XM follows other major Services sector earnings this month
On Tuesday, Verizon reported first quarter EPS of $1.2 on revenue of $32.13B, compared to forecasts of EPS of $1.17 on revenue of $32.15B.
AT&T earnings matched analysts' expectations on Wednesday, with first quarter EPS of $0.86 on revenue of $44.87B. Investing.com analysts expected EPS of $0.86 on revenue of $45.13B
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