Warren Buffett, the ‘Oracle of Omaha', became one of the most well-respected investors to ever live by consistently beating the markets.
Sirius XM Holdings (SIRI -2.21%) can't seem to catch a break. It posted better-than-expected results late last week, sending the shares 6% higher on Thursday.
Sirius XM Holdings (SIRI 3.89%) has had a difficult year. Over the past 12 months, shares have lost nearly 60% of their value.
Sirius XM Holdings (SIRI 3.89%) has had a rough time of late, falling nearly 60% in value over the past 12 months. Yet, one of the most famous investors in history has been a keen buyer of the satellite and online radio company's shares.
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.