With the S&P 500 just below an all-time high, there are plenty of areas of the stock market that can be considered expensive. But with a valuation of just 8 times free cash flow, Sirius XM (SIRI 3.89%) isn't one of them.
SIRI's fourth-quarter 2024 results reflect weakness in subscriber, advertisement and other revenues.
SIRI shows mixed Q4 results with strategic shifts underway. Despite stable margins, revenue pressure suggests investors should hold or await better entry points in 2025.
SiriusXM (SIRI 5.82%) stock jumped in Thursday's trading after the company published better-than-expected fourth-quarter results. The satellite radio specialist's share price closed out the daily session up 5.8% amid the backdrop of a 0.5% gain for the S&P 500 index and a 0.2% gain for the Nasdaq Composite index.
The headline numbers for Sirius XM (SIRI) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Sirius XM Holdings Inc. (NASDAQ:SIRI ) Q4 2024 Earnings Conference Call January 30, 2025 8:00 AM ET Company Participants Hooper Stevens - SVP, IR and Finance Jennifer Witz - CEO Tom Barry - CFO Scott Greenstein - President and Chief Content Officer Conference Call Participants Cameron Mansson-Perrone - Morgan Stanley Barton Crockett - Rosenblatt Securities Jason Bazinet - Citi Kutgun Maral - Evercore ISI Stephen Laszczyk - Goldman Sachs Steven Cahall - Wells Fargo David Joyce - Seaport Research Partners Operator Greetings. Welcome to the SiriusXM Fourth Quarter and Full Year 2024 Operating and Financial Results Conference Call.
The stock market was having a strong day on Thursday, but Sirius XM (SIRI 5.45%) was an outperformer. As of 10:10 a.m.
SiriusXM, which has been trimming staff and regrouping in several areas in a bid to reverse subscriber losses, reported better-than-expected results in the fourth quarter. The satellite audio firm posted earnings per share of 83 cents and revenue of $2.19 billion. Both metrics exceeded Wall Street analysts' consensus forecasts.
Sirius XM (SIRI 5.31%), a prominent player in satellite radio and digital streaming, released its fourth quarter 2024 earnings on January 30, 2025.
Sirius XM (SIRI) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.90 per share a year ago.
Digital media is kicking old-school radio to the curb. That's not a new event, but a long-term trend.
It's typically not legal to have a monopoly on an industry, but there are some exceptions. In this video, I'll explain why I think satellite radio monopoly SiriusXM (SIRI 0.78%) could be a steal right now, while Fool.com contributor Tyler Crowe has his eye on U.S. Lime and Mineral (USLM 1.53%).