Sirius XM Holdings Inc. (SIRI)
Why Is Warren Buffett Buying More Sirius XM Stock?
Berkshire Hathaway more than tripled its stake in Sirius XM during the second quarter. Sirius XM can be bought at a discount through its tracking shares, but it's interesting to see Berkshire load up on the common stock.
Investors Tune In to Sirius XM Stock on Buffett Investment
Shares of Sirius XM Holdings (SIRI) advanced Thursday after Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) made a big addition of the stock to its portfolio in the second quarter.
Sirius XM: Weak Results And M&A Concerns Leave Shares Unattractive
Sirius XM shares have underperformed, down 38% in the past year, with concerns around subscriber trends and the Liberty merger. Q2 earnings show declining revenue and subscriber numbers, raising concerns about the company's future growth, with it potentially being a "melting ice cube." The Liberty merger will move debt above target in an unattractive fashion, likely requiring 18-24 months of debt reduction.
Sirius XM (SIRI) Q2 Earnings Meet Estimates, Revenues Fall Y/Y
Sirius XM's (SIRI) second-quarter 2024 results reflect weakness in subscribers, advertisement and other revenues.
Compared to Estimates, Sirius XM (SIRI) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Sirius XM (SIRI) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Is Sirius XM Stock Slowly Fading Away?
Sirius XM Holdings posted mixed second-quarter results on Thursday morning. Its 3% decline in revenue is the second-worst drop in the stock's nearly 30 years of trading.
SiriusXM Holdings Inc. (SIRI) Q2 2024 Earnings Call Transcript
SiriusXM Holdings Inc. (NASDAQ:SIRI ) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Jennifer Witz - CEO Tom Barry - CFO Scott Greenstein - President & CMO Hooper Stevens - SVP, IR, and Finance Conference Call Participants Steven Cahall - Wells Fargo Jessica Reif Ehrlich - Bank of America Securities Barton Crockett - Rosenblatt Securities Stephen Laszczyk - Goldman Sachs Jim Goss - Barrington Research Cameron Mansson-Perrone - Morgan Stanley Operator Greetings. Welcome to SiriusXM's Second Quarter 2024 Earnings Conference Call [Operator Instructions] Please note, this conference is being recorded.
SiriusXM's second-quarter subscription loss narrows on strong content demand
SiriusXM posted a lower-than-expected drop in subscribers who directly pay for its satellite radio service, helped by steady demand for its content that includes the Howard Stern show.
Sirius XM (SIRI) Q2 Earnings Meet Estimates
Sirius XM (SIRI) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.08 per share a year ago.
Down 34% This Year, Will Sirius Stock Recover Following Q2 Results?
Sirius XM (NASDAQ: SIRI), a leading provider of satellite radio, is scheduled to announce its fiscal second-quarter results on Thursday, August 1. We expect Sirius XM stock to likely trade lower with revenues beating and earnings missing market expectations in the second quarter results.
Sirius XM Stock Has a Lot to Prove This Week
Sirius XM Holdings reports financial results for its second quarter on Thursday morning. Analysts see flat earnings growth and a 2% year-over-year decline in revenue.
Sirius XM (SIRI) to Report Q2 Earnings: What's in Store?
Sirius XM's (SIRI) second-quarter 2024 results are likely to be hurt by lower subscriber growth, offset by higher ad revenues.
