$0.53 Earnings Per Share Expected for Liberty Sirius XM Group Series C (NASDAQ:LSXMK) This Quarter

Equities research analysts expect Liberty Sirius XM Group Series C (NASDAQ:LSXMK) to announce earnings per share of $0.53 for the current quarter, Zacks reports. Zero analysts have made estimates for Liberty Sirius XM Group Series C’s earnings, with the highest EPS estimate coming in at $0.56 and the lowest estimate coming in at $0.49. Liberty Sirius XM Group Series C reported earnings per share of $0.38 in the same quarter last year, which would indicate a positive year-over-year growth rate of 39.5%. The business is expected to announce its next earnings results before the market opens on Wednesday, February 26th.

On average, analysts expect that Liberty Sirius XM Group Series C will report full year earnings of $1.77 per share for the current fiscal year, with EPS estimates ranging from $1.71 to $1.82. For the next financial year, analysts forecast that the business will report earnings of $2.35 per share, with EPS estimates ranging from $2.30 to $2.40. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Liberty Sirius XM Group Series C.

A number of analysts recently weighed in on the company. Zacks Investment Research upgraded Liberty Sirius XM Group Series C from a “sell” rating to a “hold” rating in a research report on Tuesday, January 14th. Morgan Stanley reaffirmed a “buy” rating and issued a $61.00 price target on shares of Liberty Sirius XM Group Series C in a research note on Wednesday, January 8th.

NASDAQ:LSXMK traded down $1.59 during mid-day trading on Friday, reaching $47.43. The stock had a trading volume of 687,893 shares, compared to its average volume of 642,668. The firm has a 50 day moving average price of $49.41 and a two-hundred day moving average price of $45.62. The stock has a market capitalization of $10.10 billion, a P/E ratio of 31.00, a P/E/G ratio of 1.77 and a beta of 1.20. Liberty Sirius XM Group Series C has a one year low of $35.43 and a one year high of $51.36.

A number of institutional investors have recently made changes to their positions in LSXMK. Parallel Advisors LLC increased its stake in shares of Liberty Sirius XM Group Series C by 42.5% during the fourth quarter. Parallel Advisors LLC now owns 691 shares of the technology company’s stock valued at $33,000 after buying an additional 206 shares during the period. We Are One Seven LLC grew its stake in Liberty Sirius XM Group Series C by 2.4% in the fourth quarter. We Are One Seven LLC now owns 9,810 shares of the technology company’s stock worth $472,000 after purchasing an additional 230 shares during the period. Rockefeller Capital Management L.P. grew its stake in Liberty Sirius XM Group Series C by 16.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,934 shares of the technology company’s stock worth $93,000 after purchasing an additional 269 shares during the period. First Mercantile Trust Co. grew its stake in Liberty Sirius XM Group Series C by 3.8% in the third quarter. First Mercantile Trust Co. now owns 7,605 shares of the technology company’s stock worth $319,000 after purchasing an additional 275 shares during the period. Finally, Oppenheimer & Co. Inc. grew its stake in Liberty Sirius XM Group Series C by 2.9% in the fourth quarter. Oppenheimer & Co. Inc. now owns 12,430 shares of the technology company’s stock worth $598,000 after purchasing an additional 347 shares during the period. 80.96% of the stock is currently owned by institutional investors and hedge funds.

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 streaming services through applications for mobile and home devices, and other consumer electronic equipment, as well as online.

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