Sirius XM (SIRI) Stock Moves -3.32%: What You Should Know

Sirius XM (SIRI) closed down 3.32% in the latest trading session. The satellite radio company is expected to report earnings of $0.76 per share, representing a 9.52% year-over-year decline. For the full year, analysts forecast earnings of $3 per share (down 5.96%) and revenue of $8.6 billion (up 0.47%). The stock carries a Zacks Rank #3 (Hold) rating with a Forward P/E of 9.14, trading at a discount to its industry average.