In the latest session, Sirius XM (SIRI) stock fell 2.83% to $21.29, underperforming the S&P 500, which dropped 1.13%. Over the past month, the stock lost 2.01%, lagging behind the Consumer Discretionary sector and the S&P 500. Analysts forecast an EPS of $0.8 for Sirius XM’s upcoming earnings release, with revenue expected to be $2.13 billion.

The Zacks Consensus Estimates project earnings of $2.89 per share and revenue of $8.52 billion for Sirius XM for the full year, with analyst estimates directly impacting stock price performance. Sirius XM currently holds a Zacks Rank #3 (Hold) and has a Forward P/E ratio of 7.58, indicating a discount compared to its industry average.

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Read more at Nasdaq: Sirius XM (SIRI) Suffers a Larger Drop Than the General Market: Key Insights