Sirius XM Q3 Earnings Preview: Expect Steady Subscriber Adds
Sirius XM is scheduled to report its Q3 fiscal 2016 earnings on October 27th. The company has historically been leveraging its reach in the new and used car domains to increase its subscriber count. Even during the third quarter, we expect Sirius XM to have experienced steady growth in both subscriber base and revenues, given the rise in new car sales and increased penetration in the used car market. However, considering that Sirius XM’s subscriber base is nearly 30 million, new subscriber additions may not be as strong as they have been historically. Surprisingly, the number of subscriber additions in Q3 last year was significantly better than the same quarter of the prior year.
[trefis_forecast ticker=”SIRI” rhs=”1354″]
Have more questions about Sirius XM? See the links below:
- What’s Sirius XM’s Revenue & Earnings Breakdown In Terms Of Revenue Sources?
- What’s Sirius XM Fundamental Value Based On Expected 2016 Results?
- How Has Sirius XM’s Revenue Composition Changed In The Last Five Years?
- By What Percentage Can Sirius XM’s Revenues Grow Over The Next Three Years?
- By How Much Can Sirius XM’s Subscription Gross Margins Expand By 2020?
- How Much Revenues Can New Sirius XM Subscribers Add By 2020?
Notes:
Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap |More Trefis Research