Sirius XM Holdings: Q4 Earnings Insights

Shares of Sirius XM Holdings SIRI moved higher by 3.8% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 20.00% over the past year to $0.04, which beat the estimate of $0.02.

Revenue of $2,189,000,000 higher by 6.16% from the same period last year, which beat the estimate of $2,070,000,000.

Looking Ahead

Sirius XM reaffirmed FY21 sales guidance of $8.35 billion.

How To Listen To The Conference Call

Date: Feb 02, 2021

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/ytsmrjtb

Technicals

52-week high: $8.14

Company's 52-week low was at $4.11

Price action over last quarter: Up 8.70%

Company Profile

SiriusXM Holdings is now composed of two businesses: SiriusXM and Pandora. SiriusXM transmits music, talk shows, sports, and news via its two satellite radio networks, primarily to consumers in vehicles who pay a subscription fee. The firm's radios come preinstalled on a wide range of light vehicles in the U.S. and Canada. The firm acquired Pandora Media in February 2019 via an all-stock transaction. Pandora is a streaming music platform that offers an ad-supported radio option and a paid on-demand service. Liberty Media owns 68% of SiriusXM, traded through its Liberty SiriusXM Group tracking stock.