Sirius XM Holdings Inc. Q1 Profit Misses Estimates

(RTTNews) - Sirius XM Holdings Inc. (SIRI) announced a profit for first quarter that missed the Street estimates.

The company's earnings came in at $204 million, or $0.59 per share. This compares with $199 million, or $0.63 per share, last year.

Analysts on average had expected the company to earn $0.66 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 4.3% to $2.068 billion from $2.162 billion last year.

Sirius XM Holdings Inc. earnings at a glance (GAAP) :

-Earnings: $204 Mln. vs. $199 Mln. last year. -EPS: $0.59 vs. $0.63 last year. -Revenue: $2.068 Bln vs. $2.162 Bln last year.

-Guidance: Full year revenue guidance: $8.5 Bln