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Sirius XM Holdings Inc (DE:3HY)
FRANKFURT:3HY
Holding DE:3HY?
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Earnings Data
Report Date
Feb 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
€0.64Last Year’s EPS
€0.87Same Quarter Last Year
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: 0.00%
|Next Earnings Date:Feb 04, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with notable achievements like the completion of the Liberty Media transaction and positive subscriber growth, but these were offset by challenges including decreased revenue, lower advertising income, and significant impairment charges, leading to a tempered optimism about future growth.Company Guidance
In the third quarter of 2024, SiriusXM provided guidance reflecting both challenges and strategic initiatives aimed at future growth. The company adjusted its revenue guidance downward by $75 million, citing softer-than-expected advertising revenue due to an influx of new CTV supply and shifts in advertiser spending, but maintained its adjusted EBITDA guidance at approximately $2.7 billion and free cash flow guidance at $1 billion. Despite these challenges, SiriusXM reported positive net additions of 14,000 self-pay subscribers, an improvement from the previous year, and announced several key initiatives, including the introduction of a $9.99 in-car pricing structure and a new exclusive podcast agreement with Alex Cooper’s Unwell network. The company also highlighted a decrease in subscriber revenue by 5% to $1.65 billion and advertising revenue by 2% to $450 million, while focusing on growing core business through new pricing packages and ad-supported tiers. Additionally, SiriusXM is investing in ad tech and podcasting content to bolster its advertising business, aiming to counteract current market headwinds and support long-term strategic goals.Completion of Liberty Media Transaction
SiriusXM completed its transaction with Liberty Media, emerging as a fully independent public company, marking a significant milestone.
Positive Self-Pay Subscriber Growth
The company achieved 14,000 self-pay net additions, an improvement of 110,000 from last year's third quarter.
New Exclusive Podcast Agreement
Signed an exclusive agreement with Alex Cooper's Unwell podcast network, including 'Call Her Daddy', to bolster ad offerings and subscriber growth.
Expansion in the Automotive Segment
Expanded the 3-year subscription program to include Toyota, with 9 OEMs now participating.
Enhanced Streaming Offerings
Launched a new feature allowing seamless app download and sign-in from vehicle displays, improving user experience.
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DE:3HY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:3HY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | €24.63 | €24.63 | 0.00% |
| Aug 01, 2024 | €32.26 | €29.86 | -7.43% |
| Apr 30, 2024 | €27.88 | €27.65 | -0.85% |
| Feb 01, 2024 | €46.48 | €47.03 | +1.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sirius XM Holdings Inc (DE:3HY) report earnings?
Sirius XM Holdings Inc (DE:3HY) is schdueled to report earning on Feb 04, 2025, TBA Not Confirmed.
What is Sirius XM Holdings Inc (DE:3HY) earnings time?
Sirius XM Holdings Inc (DE:3HY) earnings time is at Feb 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Sirius XM Holdings Inc stock?
The P/E ratio of Sirius XM Holdings is N/A.
What is DE:3HY EPS forecast?
DE:3HY EPS forecast for the fiscal quarter 2024 (Q4) is €0.64.
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