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I can’t say I’m going to have any trouble sleeping tonight, but I do think tomorrow’s report is important.  A strong report could provide some confidence that Sirius can both survive and prosper with or without the merger.   Can you imagine the potential excitement surrounding the Q2 2008 report, if the merger is approved?  

On average, analysts polled by Thomson Financial project a loss of 10 cents per share on revenue of $228.3 million.  Sirius reported a loss of 17 cents per share in the year-ago quarter.  Sirius shares fell 6 percent in the quarter to finish June at $3.02. The stock has tended to trade on market rumors about the prospects of its planned purchase of XM.

For subscriber numbers, the Street consensus points to 470,000 net and 930,000 gross subscribers. Via SiriusBuzz. Take a minute to read their in-depth earnings predictions and analysis.

UBS analyst Lucas Binder expects Sirius to report a loss of 10 cents per share. He forecasts 444,000 net subscriber additions and 54 percent higher subscriber revenue of $212 million.

AP

Tuesday, July 31st, 2007 at 1:49 am and is filed under Sirius. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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