Sirius XM Radio Inc (NASDAQ:SIRI) Services Stock Business Roundup (Recap)
Experts Expectations vs Actual:
The company fell in line with the Experts estimate of 2 cents per share. Experts were predicting revenue of $803 million.
Sirius XM Radio Inc vs Industry Leaders:
The company is ranked 3rd among Broadcasting – Radio by return on equity which stands at 17.94 percent. The company maintains the 7th highest EPS growth rate among its industry peers. The company is ranked 6th among its competitors by long term growth rate which stands at 20.70 percent.
1st Quarter 2012 Financial Results:
Revenue:
Sirius XM Radio Inc (NASDAQ:SIRI) reported the revenue of $804.72 million for the quarter ended March 31st, 2012 as compared to revenue of 723.84 million for the same period last year.
Net Income 2012 vs Net Income 2011:
Sirius XM Radio Inc (NASDAQ:SIRI) reported the net profit of $107.77 million or earnings of $0.02 per share for the respective quarter as compared to net income of $78.12 million or earnings of $0.01 per share last year.
Balance Sheet:
The company’s total assets accumulate up to $7.50 billion with highest proportion of current assets in its composition. The company maintains weak short term liquidity position as per its current ratio of 0.57 times. Its total liabilities stand at $6.65 billion as compared to its total equity of 849.58 million.
Sirius XM Radio Inc’s Competitors:
Westwood One, Inc. (NASDAQ:WWON), Entercom Communications Corp. (NYSE:ETM), Cumulus Media Inc. (NASDAQ:CMLS), Emmis Communications Corp. (NASDAQ:EMMS), Radio One, Inc. (NASDAQ:ROIAK), CBS Corporation (NYSE:CBS), Grupo Radio Centro SAB de CV (NYSE:RC), Salem Communications Corp (NASDAQ:SALM), Saga Communications, Inc. (AMEX:SGA), and Pandora (NYSE:P).
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