Sirius XM Radio Inc (SIRI): A Recap Of This Past Week

Earn this
Investors will be sure to get up early on Tuesday morning to check out Sirius XM’s first-quarter report. Analysts see Sirius XM earning $0.03 a share, and that would match its most profitable quarter on an adjusted basis. The media giant earned $0.02 a share during the same period a year earlier. Wall Street sees revenue climbing 13% to $906 million.

There’s little reason to believe that Sirius XM won’t be able to live up to these expectations. The economy’s humming along, and Netflix‘s blowout quarter on Monday shows that consumers have no problem paying up for a valuable entertainment subscription service.

True, satellite radio and a streaming video service aren’t perfect matches. Netflix’s offering is also priced at just half of Sirius XM’s going monthly rate. However, it does indicate that the consumer isn’t flinching despite some signs that confidence is dipping.

We’ll see how it all plays out on Tuesday, of course.

Sirius future
It was an interesting week for Sirius XM. The new week isn’t likely to be dull.

The article This Week in Sirius XM Radio originally appeared on Fool.com.

Longtime Fool contributor Rick Munarriz owns shares of Netflix. The Motley Fool recommends and owns shares of Netflix.

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