SIRIUS XM Radio
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), SIRIUS XM Radio met expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share was unchanged.
Margins grew across the board.
SIRIUS XM Radio reported revenue of $894.3 million. The 14 analysts polled by S&P Capital IQ expected to see revenue of $899.7 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $783.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.01. The 12 earnings estimates compiled by S&P Capital IQ averaged $0.02 per share. GAAP EPS of $0.02 were the same as the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 63.1%, 130 basis points better than the prior-year quarter. Operating margin was 23.9%, 420 basis points better than the prior-year quarter. Net margin was 17.5%, 840 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $915.5 million. On the bottom line, the average EPS estimate is $0.02.
Next year's average estimate for revenue is $3.83 billion. The average EPS estimate is $0.10.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 4,535 members out of 5,515 rating the stock outperform, and 980 members rating it underperform. Among 793 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 573 give SIRIUS XM Radio a green thumbs-up, and 220 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on SIRIUS XM Radio is outperform, with an average price target of $3.25.
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