Sirius XM Holdings Full Year 2022 Earnings: EPS Beats Expectations




  • In Business
  • 2023-02-05 12:16:54Z
  • By Simply Wall St.
 

Sirius XM Holdings (NASDAQ:SIRI) Full Year 2022 Results

Key Financial Results

  • Revenue: US$9.00b (up 3.5% from FY 2021).

  • Net income: US$1.21b (down 7.7% from FY 2021).

  • Profit margin: 14% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses.

  • EPS: US$0.31 (down from US$0.32 in FY 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sirius XM Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.3%.

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Media industry in the US.

Performance of the American Media industry.

The company's shares are down 12% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Sirius XM Holdings (1 is concerning!) that you should be aware of before investing here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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