Equities analysts forecast that Liberty Sirius XM Group Series C (NASDAQ:LSXMK) will announce earnings of $0.40 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Liberty Sirius XM Group Series C’s earnings. Liberty Sirius XM Group Series C reported earnings of $0.59 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 32.2%. The firm is expected to report its next quarterly earnings report before the market opens on Thursday, May 9th.

On average, analysts expect that Liberty Sirius XM Group Series C will report full-year earnings of $2.14 per share for the current financial year, with EPS estimates ranging from $1.69 to $2.58. For the next fiscal year, analysts anticipate that the company will post earnings of $2.19 per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Liberty Sirius XM Group Series C.

Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last issued its quarterly earnings data on Thursday, February 28th. The technology company reported $0.38 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.08). The company had revenue of $1.50 billion for the quarter.

LSXMK has been the topic of a number of analyst reports. Zacks Investment Research lowered shares of Liberty Sirius XM Group Series C from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 30th. Morgan Stanley reiterated an “overweight” rating and set a $51.00 price objective on shares of Liberty Sirius XM Group Series C in a research note on Friday, March 15th.

Several hedge funds have recently added to or reduced their stakes in the company. Raymond James Trust N.A. boosted its holdings in Liberty Sirius XM Group Series C by 25.7% in the first quarter. Raymond James Trust N.A. now owns 11,669 shares of the technology company’s stock worth $446,000 after purchasing an additional 2,385 shares during the period. Cardan Capital Partners LLC raised its position in Liberty Sirius XM Group Series C by 8.0% in the first quarter. Cardan Capital Partners LLC now owns 56,953 shares of the technology company’s stock worth $2,178,000 after acquiring an additional 4,225 shares in the last quarter. State of Alaska Department of Revenue raised its position in Liberty Sirius XM Group Series C by 1.6% in the first quarter. State of Alaska Department of Revenue now owns 17,824 shares of the technology company’s stock worth $681,000 after acquiring an additional 273 shares in the last quarter. Norman Fields Gottscho Capital Management LLC raised its position in Liberty Sirius XM Group Series C by 2.4% in the first quarter. Norman Fields Gottscho Capital Management LLC now owns 109,640 shares of the technology company’s stock worth $4,193,000 after acquiring an additional 2,570 shares in the last quarter. Finally, First Hawaiian Bank raised its position in Liberty Sirius XM Group Series C by 82.6% in the first quarter. First Hawaiian Bank now owns 38,498 shares of the technology company’s stock worth $1,472,000 after acquiring an additional 17,415 shares in the last quarter. 81.49% of the stock is owned by institutional investors and hedge funds.

NASDAQ LSXMK traded down $0.71 during trading hours on Wednesday, reaching $39.75. The company’s stock had a trading volume of 501,685 shares, compared to its average volume of 784,296. The stock has a market cap of $8.53 billion, a price-to-earnings ratio of 19.78 and a beta of 1.17. Liberty Sirius XM Group Series C has a fifty-two week low of $34.84 and a fifty-two week high of $48.56.

Liberty Sirius XM Group Series C Company Profile

The Liberty SiriusXM Group, through its subsidiary Sirius XM Holdings Inc, transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the United States and Canada. The company also provides infotainment services; and Sirius XM on Demand over its Internet radio service through applications for mobile and home devices, and other consumer electronic equipment.

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