$0.55 EPS Expected for Liberty Sirius XM Group Series C (NASDAQ:LSXMK) This Quarter

Equities research analysts predict that Liberty Sirius XM Group Series C (NASDAQ:LSXMK) will announce earnings of $0.55 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. The lowest EPS estimate is $0.54 and the highest is $0.55. Liberty Sirius XM Group Series C also reported earnings per share of $0.55 in the same quarter last year. The business is expected to announce its next quarterly earnings report on Thursday, November 14th.

On average, analysts expect that Liberty Sirius XM Group Series C will report full year earnings of $1.71 per share for the current year, with EPS estimates ranging from $1.62 to $1.79. For the next financial year, analysts anticipate that the firm will post earnings of $2.33 per share, with EPS estimates ranging from $2.18 to $2.47. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Liberty Sirius XM Group Series C.

Separately, Zacks Investment Research downgraded Liberty Sirius XM Group Series C from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 14th.

A number of hedge funds and other institutional investors have recently made changes to their positions in LSXMK. DekaBank Deutsche Girozentrale boosted its holdings in shares of Liberty Sirius XM Group Series C by 3.5% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 9,128 shares of the technology company’s stock worth $469,000 after purchasing an additional 312 shares during the last quarter. Weik Capital Management grew its position in shares of Liberty Sirius XM Group Series C by 0.7% during the 1st quarter. Weik Capital Management now owns 53,825 shares of the technology company’s stock valued at $2,058,000 after buying an additional 350 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of Liberty Sirius XM Group Series C by 2.0% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 20,226 shares of the technology company’s stock valued at $773,000 after buying an additional 387 shares during the last quarter. Nissay Asset Management Corp Japan ADV grew its position in shares of Liberty Sirius XM Group Series C by 3.0% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 15,502 shares of the technology company’s stock valued at $593,000 after buying an additional 456 shares during the last quarter. Finally, Raymond James Trust N.A. grew its position in shares of Liberty Sirius XM Group Series C by 4.5% during the 2nd quarter. Raymond James Trust N.A. now owns 12,192 shares of the technology company’s stock valued at $463,000 after buying an additional 523 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

LSXMK opened at $41.78 on Tuesday. The stock’s fifty day moving average is $41.12 and its two-hundred day moving average is $39.54. The company has a market capitalization of $8.64 billion, a P/E ratio of 20.79, a PEG ratio of 1.94 and a beta of 1.19. Liberty Sirius XM Group Series C has a 52 week low of $34.84 and a 52 week high of $47.02.

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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