Sirius XM Holdings Q2 EPS $0.08, Sales $2.25B, Both Inline
Portfolio Pulse from Benzinga Newsdesk
Sirius XM Holdings (NASDAQ:SIRI) reported Q2 earnings of $0.08 per share, in line with analyst consensus. This is a 14.29% increase from the same period last year. The company also reported sales of $2.25 billion, meeting analyst consensus but marking a 0.13% decrease from last year.
August 01, 2023 | 11:11 am
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NEUTRAL IMPACT
Sirius XM's Q2 earnings and sales met analyst expectations, with earnings showing a YoY increase but sales showing a slight YoY decrease.
Sirius XM's Q2 earnings met analyst expectations, which is generally positive for the stock. However, the slight decrease in sales YoY might offset this positive impact, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100