Sirius XM Radio Fourth Quarter Earnings Sneak Peek

Sirius XM Radio Inc (NASDAQ:SIRI) will unveil its latest earnings on Tuesday, February 5, 2013. SIRIUS XM Radio broadcasts its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its proprietary satellite radio systems: the SIRIUS system and the XM system.

Sirius XM Radio Inc Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 2 cents per share, a rise of twofold from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 3 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 2 cents during the last month. Analysts are projecting profit to rise by 657.1% versus last year to 53 cents.

Past Earnings Performance: Last quarter, the company saw profit of 2 cents per share versus a mean estimate of net income of 2 cents per share. This comes after two consecutive quarters of exceeding expectations.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

A Look Back: In the third quarter, profit fell 28.5% to $74.5 million (one cent a share) from $104.2 million (2 cents a share) the year earlier, meeting analyst expectations. Revenue rose 13.7% to $867.4 million from $762.5 million.

Here’s how Sirius XM traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week:

Screen Shot 2013-02-02 at 6.29.42 PM

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business