Sirius XM Holdings Q2 2024 GAAP EPS $0.08 Beats $0.07 Estimate, Sales $2.178B Miss $2.195B Estimate
Portfolio Pulse from Benzinga Newsdesk
Sirius XM Holdings (NASDAQ:SIRI) reported Q2 2024 earnings per share (EPS) of $0.08, beating the analyst estimate of $0.07. However, the company's sales of $2.178 billion missed the estimate of $2.195 billion and were down 3.20% from the same period last year.
August 01, 2024 | 11:01 am
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NEUTRAL IMPACT
Sirius XM Holdings reported mixed Q2 2024 results with EPS beating estimates but sales missing expectations and declining year-over-year.
The mixed results, with EPS beating but sales missing estimates and declining year-over-year, suggest a neutral short-term impact on the stock price. Investors may be cautious due to the sales decline.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100