Sirius XM Holdings Q4 2023 Adj EPS $0.09 Beats $0.08 Estimate, Sales $2.29B Inline
Portfolio Pulse from Benzinga Newsdesk
Sirius XM Holdings (SIRI) reported Q4 2023 adjusted EPS of $0.09, surpassing the consensus estimate of $0.08 by 12.5%. Quarterly sales reached $2.29B, aligning with estimates and marking a 0.31% increase from the previous year.
February 01, 2024 | 12:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Sirius XM Holdings reported a Q4 2023 adjusted EPS of $0.09, beating estimates by 12.5%, with sales of $2.29B meeting expectations and showing a slight year-over-year growth.
Beating EPS estimates typically generates positive investor sentiment, potentially leading to a short-term stock price increase. The alignment of sales with estimates, combined with a slight year-over-year growth, reinforces the company's stable financial performance. Given these factors, a positive impact on SIRI's stock price in the short term is likely.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100