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. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this satellite radio company would post earnings of $0.06 per share when it actually produced earnings of $0.07, delivering a surprise of 16.67%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Sirius XM, which be ...

Exhibit 99.1 SiriusXM Reports Second Quarter 2024 Operating and Financial Results NEW YORK – August 1, 2024 – SiriusXM today announced second quarter 2024 operating and financial results, including revenue of $2.18 billion, a decrease of 3% compared to the second quarter of 2023. The company recorded net income of $316 million in the second quarter of 2024 compared to $310 million in the prior year's second quarter. Net income per diluted common share was $0.08 in both the second quarter of 2024 and the sec ...

MIAMI BEACH, FLORIDA - JULY 31: UPSAHL speaks with Mack & Jen at SiriusXM Studios on July 31, 2024 ... [+] in Miami Beach, Florida. (Photo by Ivan Apfel/Getty Images)Getty ImagesSirius 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. SIRI stock has declined 34% from $5.47 to $3. ...

The satellite radio provider is up 45% since bottoming out last month. There is still more potential upside.One of this year's biggest laggards is showing signs of life this summer. Shares of Sirius XM Holdings (SIRI -1.84%) have soared 45% since bottoming out in June. It's a big jump for any stock, but the satellite radio provider is still trading 35% lower so far in 2024.The stock has been on the move lately. It's going to be even more volatile this week. Sirius XM reports its second-quarter results on Th ...

Core Viewpoint - Sirius XM (SIRI) is expected to report second-quarter 2024 earnings on August 1, with earnings per share estimated at 8 cents, unchanged from the previous year, and revenues projected at $2.2 billion, reflecting a 2.02% decline year over year [1] Group 1: Earnings and Revenue Estimates - The Zacks Consensus Estimate for second-quarter earnings has remained constant at 8 cents per share, consistent with the year-ago quarter [1] - The consensus mark for revenues is pegged at $2.2 billion, indicating a 2.02% decrease from the year-ago quarter's reported figure [1] - The company has beaten the Zacks Consensus Estimate in each of the last four quarters, with an average surprise of 14.44% [1] Group 2: Subscriber and Advertisement Revenue Trends - Subscriber revenues are expected to decline, with the first quarter showing a 1% decrease year over year to $1.7 billion, and the second-quarter estimate at $1.66 billion, indicating a 3.6% decline [2] - Advertisement revenues in the first quarter increased by 7% year over year to $402 million, with the second-quarter estimate at $457.9 million, indicating a rise of 2.9% year over year [3] Group 3: Competitive Landscape and Content Strategy - Sirius XM faces intense competition in the streaming space from companies like Apple and Spotify, which may impact revenue growth [3] - The company continues to enhance its content offerings, including extensive coverage of major sporting events and a diverse range of content across music, politics, news, and sports [3] Group 4: Earnings Prediction Model - According to the Zacks model, Sirius XM has an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold), indicating lower odds of an earnings beat [4]

Wall Street analysts expect Sirius XM (SIRI) to post quarterly earnings of $0.08 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $2.2 billion, down 2% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company announces its earnings, it is essent ...

SiriusXM (SIRI) is set to exclusively broadcast the 152nd Open golf championship nationwide. The championship will be played at the Royal Troon Club in Scotland from Jul 18 to Jul 21, 2024.SiriusXM will air more than 45 hours of live coverage across all four rounds. It will be aired on SIRI’s The Open Radio channel, which is available on the SiriusXM app and for listeners in their cars on channel 92.The broadcast team will feature Marcus Buckland, Sue Thearle, Ron Jones, Matt Adams, Sophie Walker, Raymond B ...

Is Sirius XM a hidden gem or a stock to avoid? Here's what you need to know.Satellite radio veteran Sirius XM Holdings (SIRI 2.77%) broke out of a long standstill in 2023, but not in a good way. After trading sideways for two and a half years, Sirius' stock chart started to buckle. The trading pattern turned volatile last year, falling as much as 41% with a peak gain of 34%, before ending the year just 6% lower.The bears are winning the Sirius battle in 2024. The stock is down by 33% year-to-date, and that' ...

NEW YORK, July 2, 2024 /PRNewswire/ -- SiriusXM (NASDAQ: SIRI) today announced plans to release its second quarter 2024 operating and financial results on Thursday, August 1. The company will hold an investor call the same day at 8:00 a.m. ET. A webcast of the presentation will be available on the Investor Relations section of the SiriusXM website at siriusxm.com/investorrelations. To participate by telephone, please dial 877.407.4019 (Toll-free) or +1 201.689.8337 (Local) 10 minutes prior to the start of t ...

Sirius XM (SIRI) has been constantly investing to expand its content. This constant expansion of content is expected to aid top-line growth in the upcoming quarters.The Zacks Consensus Estimate for SIRI’s 2024 subscriber revenues is pegged at $6.96 billion, indicating year-over-year growth of 1.44%.The company recently announced a content expansion with a new show, The Andy Richter Call-In Show, where Andy Richter will take calls directly from fans. Richter, known for his three decades on late-night televis ...