Sirius XM Holdings Q1 2024 GAAP EPS $0.07, Inline, Sales $2.160B Beat $2.125B Estimate
Portfolio Pulse from Benzinga Newsdesk
Sirius XM Holdings reported Q1 2024 earnings of $0.07 per share, meeting analyst estimates, with sales of $2.160 billion, exceeding the $2.125 billion forecast. This represents a 0.75% increase in sales compared to the same period last year.

April 30, 2024 | 11:04 am
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POSITIVE IMPACT
Sirius XM Holdings matched Q1 2024 EPS estimates and exceeded sales forecasts, showing a slight sales growth compared to last year.
Meeting EPS estimates and exceeding sales forecasts typically have a positive impact on investor sentiment and stock price. The reported growth in sales, although modest, indicates a positive trend in revenue, likely contributing to a favorable outlook for the stock in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100