Liberty SiriusXM Gr Q1 Sales $2.14B Beat $2.12B Estimate
Portfolio Pulse from Benzinga Newsdesk
Liberty SiriusXM Gr (LSXMK) reported Q1 sales of $2.14 billion, surpassing the analyst consensus estimate of $2.12 billion by 1.37%. The sales figure matches the performance from the same period last year.
May 08, 2024 | 12:25 pm
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Liberty SiriusXM Gr reported Q1 sales of $2.14 billion, exceeding expectations and equalling last year's figures.
Beating sales estimates typically generates positive sentiment among investors, potentially leading to a short-term uptick in stock price. The fact that LSXMK matched its performance from the same period last year further solidifies its financial stability and could reassure investors about its consistent performance.
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