Although the revenue and EPS for Sirius XM (SIRI) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Sirius XM Holdings Inc. (NASDAQ:SIRI ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Hooper Stevens – Senior Vice President-Investor Relations and Finance Jennifer Witz – Chief Executive Officer Tom Barry – Chief Financial Officer Scott Greenstein – President and Chief Content Officer Conference Call Participants Kutgun Maral – Evercore ISI Jessica Reif Ehrlich – Bank of America Steven Cahall – Wells Fargo Stephen Laszczyk – Goldman Sachs David Joyce – Seaport Research Cameron Mansson-Perrone – Morgan Stanley Operator Greetings. Welcome to Sirius XM's Third Quarter 2024 Operating and Financial Results Conference Call.
Sirius XM (SIRI) came out with a quarterly loss of $0.84 per share versus the Zacks Consensus Estimate of $0.75. This compares to earnings of $0.90 per share a year ago.
Sirius XM (SIRI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
SIRI's third-quarter 2024 results are likely to be hurt by lower subscriber growth, offset by higher ad revenues, making the stock worth a watch.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Evaluate the expected performance of Sirius XM (SIRI) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
The investment giant is buying up a ton of the company.
Berkshire Hathaway has a growing stake in this stock-split stock, and Buffett just added more this month.
In the latest trading session, Sirius XM (SIRI) closed at $26.40, marking a -0.49% move from the previous day.
Sirius XM (SIRI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
This media standout is doing more than just boosting its payout.