Sirius XM (SIRI) Misses Q1 Earnings and Revenue Estimates

Sirius XM (SIRI) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of$ 0.70 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -15.71%. A quarter ago, it was expected that this satellite radio company would post earnings of$ 0.64 per share when it actually produced earnings of $0.83, delivering a surprise of 29.69%.Over the last four quarters, t ...