Sirius XM (SIRI) Q4 Earnings and Revenues Beat Estimates

Core Viewpoint - Sirius XM reported quarterly earnings of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.64 per share, but down from $0.90 per share a year ago, indicating a 29.69% earnings surprise [1][2] Financial Performance - The company generated revenues of $2.19 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.73%, but down from $2.29 billion year-over-year [2] - Over the last four quarters, Sirius XM has exceeded consensus EPS estimates two times and revenue estimates two times [2] Stock Performance and Outlook - Sirius XM shares have declined approximately 4.2% year-to-date, contrasting with the S&P 500's gain of 2.7% [3] - The company's current consensus EPS estimate for the upcoming quarter is $0.63 on revenues of $2.09 billion, and for the current fiscal year, it is $3.05 on revenues of $8.52 billion [7] Industry Context - The Broadcast Radio and Television industry, to which Sirius XM belongs, is currently ranked in the top 24% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Sirius XM's stock performance [5]