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Sirius XM Holdings Inc. Q3 Earnings Climb, Beats estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News   | Join Us
rttnewslogo20mar2024

Sirius XM Holdings Inc. (SIRI) announced a profit for its third quarter that climbed from the same period last year.

The company's profit totaled $343 million, or $0.08 per share. This compares with $272 million, or $0.06 per share, in last year's third quarter.

Analysts had expected the company to earn $0.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.4% to $2.20 billion from $2.03 billion last year.

Sirius XM Holdings Inc. earnings at a glance:

-Earnings (Q3): $343 Mln. vs. $272 Mln. last year.
-EPS (Q3): $0.08 vs. $0.06 last year.
-Analysts Estimate: $0.07
-Revenue (Q3): $2.20 Bln vs. $2.03 Bln last year.

-Guidance:
Full year revenue guidance: $8.65 Bln

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