SIRI Earnings Prediction
The chart below shows how SIRI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SIRI sees a +2.00% change in stock price 10 days leading up to the earnings, and a +1.62% change 10 days following the report. On the earnings day itself, the stock moves by -0.61%. This data can give you a slight idea of what to expect for the next quarter's release.
SIRI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.19B
-4.37%
0.78%
Gross Margin
46.80%
-0.30%
1.61%
Operating Margin
23.63%
4.56%
5.35%
Net Margin
13.12%
-14.69%
-109.63%
EPS
0.84
833.33%
-109.62%
No Data Available
SIRI Earnings Analysis
Sirius XM Holdings Inc Corporation (SIRI.O) Earnings Conference Call
Positive
Revenue Exceeds Guidance: SiriusXM achieved total revenue of $8.7 billion for 2024, exceeding guidance of approximately $8.65 billion, demonstrating strong financial performance.
Adjusted EBITDA Performance: Adjusted EBITDA for the full year reached $2.73 billion, aligning with guidance and reflecting robust operational efficiency.
Strong Free Cash Flow: Free cash flow for 2024 was reported at $1.02 billion, with Q4 free cash flow increasing by 28% year-over-year to $516 million, indicating strong cash generation capabilities.
Subscriber Growth Improvement: Subscriber growth improved significantly with approximately 150,000 self-pay net additions in Q4, marking an 18,000 increase compared to Q4 2023, and a notable reduction in churn to 1.5%.
Steady Advertising Revenue Growth: Advertising revenue for 2024 remained steady at $1.8 billion, with podcasting revenue growing by 24% year-over-year in Q4, highlighting successful content expansion and advertiser demand.
Negative
Subscription Revenue Decline: Total subscription revenue declined by 4% year over year, from $6,900,000,000 in 2023 to $6,600,000,000 in 2024, primarily due to slower subscriber growth and challenges in conversion rates.
Q4 Adjusted EBITDA Decline: Adjusted EBITDA for Q4 declined by approximately 4% year over year to $688,000,000, indicating a decrease in operational profitability despite meeting overall guidance.
ARPU Decline Analysis: ARPU decreased to $15.21, down $0.35 year over year, driven by a higher proportion of discounted subscribers and fewer full-price subscribers, negatively impacting overall revenue.
Advertising Revenue Stability: Advertising revenue remained flat with a modest 1% year over year decline attributed to continued softness in the broadcast advertising market, reflecting challenges in ad sales performance.
Subscriber Decline Anticipated: The company anticipates a negative net addition of subscribers in 2025 due to one-time impacts from changes in marketing strategies and customer engagement initiatives, which are expected to pressure subscriber growth in the first half of the year.
SIRI FAQs
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SIRI Earning Call Sentiment
Earnings call transcript: Sirius XM beats Q4 2024 EPS expectations
SIRI.O
0.91%Positive
The earnings call presents mixed signals: while financials show stable margins and increased net income, revenue guidance was lowered, and subscription revenue declined. Positive factors include a strong free cash flow and shareholder returns, but concerns about churn, competition, and regulatory issues persist. The Q&A highlights uncertainties in conversion rates and churn, with management providing cautious optimism. The lack of market cap data prevents precise impact assessment, but overall, the sentiment remains neutral due to balanced positive and negative elements.
