View ValuationThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsLiberty SiriusXM Group 향후 성장Future 기준 점검 0/6Liberty SiriusXM Group 의 수익은 연간 0.9% 감소할 것으로 예상되는 반면, 연간 수익은 0.2% 로 증가할 것으로 예상됩니다. EPS는 연간 23% 만큼 쇠퇴할 것으로 예상됩니다.핵심 정보-0.9%이익 성장률-22.96%EPS 성장률Media 이익 성장38.0%매출 성장률0.2%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트14 Aug 2024최근 향후 성장 업데이트Price Target Changed • May 15Price target decreased by 11% to US$38.00Down from US$42.50, the current price target is an average from 2 analysts. New target price is 55% above last closing price of US$24.57. Stock is down 14% over the past year. The company is forecast to post earnings per share of US$2.35 for next year compared to US$2.54 last year.Price Target Changed • Oct 19Price target increased by 17% to US$40.67Up from US$34.75, the current price target is an average from 3 analysts. New target price is 61% above last closing price of US$25.23. Stock is down 38% over the past year. The company is forecast to post earnings per share of US$2.83 for next year compared to US$3.94 last year.Price Target Changed • Sep 07Price target decreased by 12% to US$33.80Down from US$38.20, the current price target is an average from 5 analysts. New target price is 43% above last closing price of US$23.65. Stock is down 42% over the past year. The company is forecast to post earnings per share of US$2.27 for next year compared to US$3.94 last year.Price Target Changed • Aug 15Price target decreased by 12% to US$35.80Down from US$40.75, the current price target is an average from 5 analysts. New target price is 49% above last closing price of US$24.07. Stock is down 46% over the past year. The company is forecast to post earnings per share of US$2.28 for next year compared to US$3.94 last year.Major Estimate Revision • Jun 04Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$3.77 to US$3.13 per share. Revenue forecast steady at US$9.01b. Net income forecast to shrink 16% next year vs 8.4% growth forecast for Media industry in the US . Consensus price target down from US$41.25 to US$39.75. Share price was steady at US$28.20 over the past week.Price Target Changed • Jun 03Price target decreased by 9.7% to US$39.75Down from US$44.00, the current price target is an average from 4 analysts. New target price is 41% above last closing price of US$28.20. Stock is down 31% over the past year. The company is forecast to post earnings per share of US$3.13 for next year compared to US$3.94 last year.모든 업데이트 보기Recent updates공시 • Sep 11+ 2 more updatesThe Liberty SiriusXM Group(NasdaqGM:LSXM.K) dropped from NASDAQ Composite IndexThe Liberty SiriusXM Group has been dropped from the NASDAQ Composite Index (^COMP)공시 • Sep 10Liberty Sirius XM Holdings Common Stock to Delist from NasdaqOn September 9, 2024 at 4:05 p.m., New York City time (the Split-Off Effective Time"), Liberty Media Corporation (Liberty Media") completed its previously announced split-off (the Split-Off") of its former wholly owned subsidiary, Liberty Sirius XM Holdings Inc. (New Sirius"). The Split-Off was accomplished by Liberty Media redeeming each outstanding share of Liberty SiriusXM common stock, par value $0.01 per share, in exchange for 0.8375 of a share of New Sirius common stock, par value $0.001 per share, with cash being paid to entitled record holders of Liberty SiriusXM common stock in lieu of any fractional shares of common stock of New Sirius. Liberty Media notified Nasdaq of the completion of the Split-Off and requested that The Liberty SiriusXM Group common stock, which traded under the symbols LSXMA", LSXMB" and LSXMK", be delisted from Nasdaq effective on September 9, 2024 following the Split-Off Effective Time. Liberty Media also requested that Nasdaq file a notification of removal from listing and/or registration of the Liberty SiriusXM common stock on Form 25 under Section 12(b) of the Securities and Exchange Act of 1934, as amended, with the Securities and Exchange Commission.공시 • Aug 28Liberty Media to Delist Common Stock Series A of The Liberty SiriusXM Effective September 09Liberty Media Corporation announced that, at Liberty Media`s virtual special meeting of its holders of Series A Liberty SiriusXM common stock (`LSXMA`) and Series B Liberty SiriusXM common stock (`LSXMB`) held on August 23, 2024 at 10:15 a.m. M.T., based on preliminary results of such special meeting, the holders of LSXMA and LSXMB approved the previously announced redemptive split-off (the `Split-Off`) of Liberty Sirius XM Holdings Inc. (`New Sirius`), which will be the owner of all of the businesses, assets and liabilities previously attributed to the Liberty SiriusXM Group. Following the Split-Off, New Sirius will combine with Sirius XM Holdings Inc. (`Sirius XM`) to create a new public company which will continue to operate under the Sirius XM name and brand. Assuming the requisite conditions to the Split-Off are satisfied or waived, as applicable, at 4:05 p.m., New York City time, on September 9, 2024, Liberty Media will redeem each outstanding share of Liberty SiriusXM common stock in exchange for a fraction of a share of common stock of New Sirius equal to the exchange ratio (as further described in New Sirius` final prospectus, which was filed with the SEC on July 23, 2024), with cash paid in lieu of any fractional shares. Liberty Media intends to publicly announce the final exchange ratio on or about September 5, 2024 prior to the completion of the Split-Off once the exchange ratio and the underlying calculations are determined by the parties. In connection with the Split-Off, Liberty Media expects that the last day of trading of Liberty SiriusXM common stock will be September 9, 2024. Liberty Media has notified Nasdaq of its intention to voluntarily delist from the Nasdaq Global Select Market and its intention to request that Nasdaq file appropriate forms with the Securities and Exchange Commission on or about September 9, 2024. As a result, Liberty Media expects Liberty SiriusXM common stock will cease to trade following market close on September 9, 2024.새로운 내러티브 • Aug 27Merger Adjustments And Sports Expansion Promise Growth Despite Analysts' Pessimistic Revenue And Margin Outlook Adjusting the merger exchange ratio and focusing on growth through car subscriptions, ad platforms, and streaming features are poised to boost stock liquidity and subscriber engagement. Reported Earnings • Aug 11Second quarter 2024 earnings released: EPS: US$0.92 (vs US$0.51 in 2Q 2023)Second quarter 2024 results: EPS: US$0.92 (up from US$0.51 in 2Q 2023). Revenue: US$2.18b (down 3.2% from 2Q 2023). Net income: US$299.0m (up 80% from 2Q 2023). Profit margin: 14% (up from 7.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.Price Target Changed • May 15Price target decreased by 11% to US$38.00Down from US$42.50, the current price target is an average from 2 analysts. New target price is 55% above last closing price of US$24.57. Stock is down 14% over the past year. The company is forecast to post earnings per share of US$2.35 for next year compared to US$2.54 last year.Reported Earnings • Apr 30Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$2.54 (down from US$3.94 in FY 2022). Revenue: US$8.95b (flat on FY 2022). Net income: US$829.0m (down 36% from FY 2022). Profit margin: 9.3% (down from 14% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.7%. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 02Full year 2023 earnings released: EPS: US$2.54 (vs US$3.94 in FY 2022)Full year 2023 results: EPS: US$2.54 (down from US$3.94 in FY 2022). Revenue: US$8.95b (flat on FY 2022). Net income: US$829.0m (down 36% from FY 2022). Profit margin: 9.3% (down from 14% in FY 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.New Risk • Mar 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.3% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Profit margins are more than 30% lower than last year (9.3% net profit margin).공시 • Dec 13Liberty Sirius XM Holdings Inc. entered into definitive agreement to acquire Sirius XM Holdings Inc. (NasdaqGS:SIRI) from The Liberty SiriusXM Group (NasdaqGS:LSXM.K) and others.Liberty Sirius XM Holdings Inc. entered into definitive agreement to acquire Sirius XM Holdings Inc. (NasdaqGS:SIRI) from The Liberty SiriusXM Group (NasdaqGS:LSXM.K) and others on December 12, 2023. The Exchange Ratio will be calculated based on (i) the number of shares of SiriusXM held by Liberty, reduced by a net liabilities share adjustment (the “Net Liabilities Share Adjustment”), divided by (ii) the number of adjusted fully diluted shares of LSXM. In the split-off, holders of each series of LSXM common stock will receive a number of shares of SplitCo stock equal to the Exchange Ratio such that LSXM stockholders receive 1 share of New SiriusXM for each share of SiriusXM previously held at LSXM, adjusted for LSXM net liabilities and existing SiriusXM stockholders (other than Liberty Media) will receive 1:1 shares of SplitCo, which will become New SiriusXM. If the Net Liabilities Share Adjustment and the adjusted fully diluted shares of LSXM were calculated as of June 30, 2024, the Exchange Ratio is estimated to be approximately 8.4 shares in New SiriusXM for each share of LSXM held. As part of the agreement, Liberty Sirius XM Holdings will be combined with SiriusXM to create a new public company (“New SiriusXM”), which will continue to operate under the SiriusXM name and brand. New SiriusXM will have a single outstanding series of common stock and is expected to continue to be traded on the Nasdaq Global Select Market under the ticker symbol “SIRI”. The transaction will result in New SiriusXM being an independent public company, with no majority stockholder, a single class of shares and a board comprising a majority of independent directors. Under the terms of the transaction, Liberty Media Corporation will separate Liberty Sirius XM Holdings (LSXM) by means of a redemptive split-off of a new subsidiary of Liberty (“SplitCo”), which will hold its shares of SiriusXM and approximately $1.7 billion of estimated attributed net liabilities. Liberty Media currently holds 3,205.8 million shares of SiriusXM attributed to LSXM. Pro forma for the transaction, there will be approximately 3,392 million basic shares outstanding of New SiriusXM, of which former LSXM stockholders will own approximately 81% of New SiriusXM, with the SiriusXM minority stockholders owning the remaining 19%. In the event that this Agreement is terminated by SiriusXM (through the Special Committee), then Liberty shall pay to SiriusXM a termination fee of $450 million in cash (the “Termination Fee”). The transaction is subject to approval by a majority of the aggregate voting power of the shares of Liberty SiriusXM common stock present, whether in-person or by proxy, at a stockholder meeting, the receipt by Liberty Media and New SiriusXM of tax opinions from their respective tax counsel, as well as the receipt of required regulatory approvals, the completion of the Split-Off, any required approvals under applicable U.S. antitrust laws, an effective registration statement on Form S-4 with respect to shares of New Sirius Common Stock to be issued in the Transactions, Nasdaq listing approval of the shares of New Sirius Common Stock to be issued, the Reorganization Agreement shall have been satisfied and the satisfaction of other customary closing conditions. The transaction has been unanimously approved by Liberty’s Board, the SiriusXM Special Committee and SiriusXM’s Board of Directors. The transaction is expected to be completed early in the third quarter of 2024. J.P. Morgan is acting as financial advisor and C. Brophy Christensen, Bradley L. Finkelstein and Noah Kornblith of O’Melveny & Myers LLP acted as legal counsels to Liberty Media. Morgan Stanley & Co. LLC is acting as financial advisor and Eric Swedenburg and Johanna Mayer of Simpson Thacher & Bartlett LLP acted as legal counsels to SiriusXM. Solomon Partners Securities, LLC is acting as financial advisor and Michael A. Diz, William D. Regner and Katherine Durnan Taylor of Debevoise & Plimpton LLP acted as legal counsels to the SiriusXM Special Committee.Reported Earnings • Nov 07Third quarter 2023 earnings released: EPS: US$0.94 (vs US$0.93 in 3Q 2022)Third quarter 2023 results: EPS: US$0.94 (up from US$0.93 in 3Q 2022). Revenue: US$2.27b (flat on 3Q 2022). Net income: US$307.0m (flat on 3Q 2022). Profit margin: 14% (in line with 3Q 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.공시 • Oct 29Liberty Media Corporation Announces Retirement of Albert E. Rosenthaler as Chief Corporate Development Officer, Effective January 1, 2024Liberty Media Corporation announced that after over 20 years, Albert E. Rosenthaler will be retiring from Liberty effective January 1, 2024. Mr. Rosenthaler has served as Chief Corporate Development Officer since 2016. Previously, he was the top tax officer for Liberty Media and its predecessors since joining in 2002. Mr. Rosenthaler will become a Senior Advisor and remain a resource to the Liberty family of companies and its portfolio companies.Price Target Changed • Oct 19Price target increased by 17% to US$40.67Up from US$34.75, the current price target is an average from 3 analysts. New target price is 61% above last closing price of US$25.23. Stock is down 38% over the past year. The company is forecast to post earnings per share of US$2.83 for next year compared to US$3.94 last year.Price Target Changed • Sep 07Price target decreased by 12% to US$33.80Down from US$38.20, the current price target is an average from 5 analysts. New target price is 43% above last closing price of US$23.65. Stock is down 42% over the past year. The company is forecast to post earnings per share of US$2.27 for next year compared to US$3.94 last year.Price Target Changed • Aug 15Price target decreased by 12% to US$35.80Down from US$40.75, the current price target is an average from 5 analysts. New target price is 49% above last closing price of US$24.07. Stock is down 46% over the past year. The company is forecast to post earnings per share of US$2.28 for next year compared to US$3.94 last year.Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to US$22.75, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 26x in the Entertainment industry in the US. Total loss to shareholders of 37% over the past three years.New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (9.9% average weekly change).Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: US$0.51 (vs US$1.36 in 2Q 2022)Second quarter 2023 results: EPS: US$0.51 (down from US$1.36 in 2Q 2022). Revenue: US$2.25b (flat on 2Q 2022). Net income: US$166.0m (down 63% from 2Q 2022). Profit margin: 7.4% (down from 20% in 2Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.공시 • Jun 25+ 1 more updateThe Liberty SiriusXM Group(NasdaqGS:LSXM.K) dropped from Russell 1000 Growth IndexThe Liberty SiriusXM Group(NasdaqGS:LSXM.K) dropped from Russell 1000 Growth IndexMajor Estimate Revision • Jun 04Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$3.77 to US$3.13 per share. Revenue forecast steady at US$9.01b. Net income forecast to shrink 16% next year vs 8.4% growth forecast for Media industry in the US . Consensus price target down from US$41.25 to US$39.75. Share price was steady at US$28.20 over the past week.Price Target Changed • Jun 03Price target decreased by 9.7% to US$39.75Down from US$44.00, the current price target is an average from 4 analysts. New target price is 41% above last closing price of US$28.20. Stock is down 31% over the past year. The company is forecast to post earnings per share of US$3.13 for next year compared to US$3.94 last year.Major Estimate Revision • May 24Consensus EPS estimates fall by 18%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$3.77 to US$3.07 per share. Revenue forecast steady at US$9.02b. Net income forecast to shrink 15% next year vs 8.3% growth forecast for Media industry in the US . Consensus price target of US$41.25 unchanged from last update. Share price was steady at US$28.00 over the past week.Major Estimate Revision • May 12Consensus EPS estimates increase by 24%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from US$3.05 to US$3.77. Revenue forecast steady at US$9.02b. Net income forecast to shrink 17% next year vs 6.3% growth forecast for Media industry in the US . Consensus price target down from US$44.00 to US$41.25. Share price rose 7.3% to US$28.86 over the past week.Price Target Changed • May 09Price target decreased by 9.2% to US$42.00Down from US$46.25, the current price target is an average from 4 analysts. New target price is 45% above last closing price of US$29.00. Stock is down 25% over the past year. The company is forecast to post earnings per share of US$3.05 for next year compared to US$3.94 last year.Reported Earnings • May 08First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: US$0.56. Revenue: US$2.14b (down 1.9% from 1Q 2022). Net income: US$183.0m (down 37% from 1Q 2022). Profit margin: 8.5% (down from 13% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Media industry in the US.Major Estimate Revision • Mar 24Consensus EPS estimates fall by 18%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$3.89 to US$3.20. Revenue forecast unchanged from US$9.01b at last update. Net income forecast to shrink 26% next year vs 8.1% decline forecast for Media industry in the US. Consensus price target down from US$52.00 to US$46.25. Share price was steady at US$25.75 over the past week.Price Target Changed • Mar 10Price target decreased by 9.6% to US$52.00Down from US$57.50, the current price target is an average from 4 analysts. New target price is 81% above last closing price of US$28.73. Stock is down 36% over the past year. The company is forecast to post earnings per share of US$3.89 for next year compared to US$3.94 last year.Major Estimate Revision • Mar 03Consensus EPS estimates increase by 18%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$9.23b to US$9.01b. EPS estimate rose from US$3.31 to US$3.89. Net income forecast to grow 8.3% next year vs 7.6% growth forecast for Media industry in the US. Consensus price target down from US$57.50 to US$52.00. Share price fell 2.6% to US$31.19 over the past week.Price Target Changed • Mar 03Price target decreased by 10% to US$52.00Down from US$58.00, the current price target is an average from 4 analysts. New target price is 65% above last closing price of US$31.60. Stock is down 35% over the past year. The company is forecast to post earnings per share of US$3.77 for next year compared to US$1.79 last year.Price Target Changed • Jan 04Price target decreased to US$57.50Down from US$62.00, the current price target is an average from 4 analysts. New target price is 43% above last closing price of US$40.14. Stock is down 19% over the past year. The company is forecast to post earnings per share of US$3.74 for next year compared to US$1.79 last year.Price Target Changed • Nov 17Price target decreased to US$56.80Down from US$62.00, the current price target is an average from 5 analysts. New target price is 31% above last closing price of US$43.37. Stock is down 19% over the past year. The company is forecast to post earnings per share of US$3.74 for next year compared to US$1.79 last year.Price Target Changed • Nov 07Price target decreased to US$58.67Down from US$65.33, the current price target is an average from 3 analysts. New target price is 41% above last closing price of US$41.65. Stock is down 23% over the past year. The company is forecast to post earnings per share of US$3.64 for next year compared to US$1.79 last year.Major Estimate Revision • Aug 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$3.16 to US$3.74. Revenue forecast steady at US$9.07b. Net income forecast to grow 16% next year vs 2.8% growth forecast for Media industry in the US. Consensus price target down from US$65.50 to US$63.25. Share price rose 8.8% to US$44.56 over the past week.Reported Earnings • Aug 08Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: US$1.36 (up from US$1.01 in 2Q 2021). Revenue: US$2.25b (up 4.4% from 2Q 2021). Net income: US$447.0m (up 33% from 2Q 2021). Profit margin: 20% (up from 16% in 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 43%. Over the next year, revenue is forecast to grow 4.0%, compared to a 2.4% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Price Target Changed • Apr 27Price target increased to US$65.25Up from US$57.67, the current price target is an average from 7 analysts. New target price is 56% above last closing price of US$41.83. Stock is down 7.0% over the past year. The company is forecast to post earnings per share of US$2.88 for next year compared to US$1.79 last year.Price Target Changed • Apr 21Price target increased to US$65.25Up from US$57.67, the current price target is an average from 7 analysts. New target price is 47% above last closing price of US$44.43. Stock is down 3.4% over the past year. The company is forecast to post earnings per share of US$2.88 for next year compared to US$1.79 last year.Reported Earnings • Feb 26Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: US$1.81 (up from US$2.24 loss in FY 2020). Revenue: US$8.70b (up 8.2% from FY 2020). Net income: US$599.0m (up US$1.35b from FY 2020). Profit margin: 6.9% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 2.9%, compared to a 6.5% growth forecast for the industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.Price Target Changed • Nov 17Price target increased to US$64.33Up from US$57.00, the current price target is an average from 6 analysts. New target price is 16% above last closing price of US$55.36. Stock is up 29% over the past year. The company is forecast to post earnings per share of US$2.86 next year compared to a net loss per share of US$2.24 last year.Reported Earnings • Nov 09Third quarter 2021 earnings released: EPS US$1.03 (vs US$0.035 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$2.20b (up 8.5% from 3Q 2020). Net income: US$342.0m (up US$330.0m from 3Q 2020). Profit margin: 16% (up from 0.6% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS US$1.00 (vs US$0.27 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$2.16b (up 15% from 2Q 2020). Net income: US$337.0m (up US$425.0m from 2Q 2020). Profit margin: 16% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.이익 및 매출 성장 예측NasdaqGS:LSXM.K - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20268,9869041,707N/A212/31/20258,8418461,2721,668412/31/20248,7518931,1361,76436/30/20248,8999781,0621,725N/A3/31/20248,9718451,1521,771N/A12/31/20238,9538291,1761,826N/A9/30/20238,9489081,2861,953N/A6/30/20238,9579061,3621,926N/A3/31/20238,9611,1871,4091,943N/A12/31/20229,0031,2921,5331,959N/A9/30/20229,0019711,4771,900N/A6/30/20228,9191,0081,4861,906N/A3/31/20228,8248981,5511,958N/A12/31/20218,6965991,5061,894N/A9/30/20218,604-2171,4791,843N/A6/30/20218,431-5471,4671,832N/A3/31/20218,146-9721,4251,791N/A12/31/20208,040-7471,5741,924N/A9/30/20207,9132641,5321,886N/A6/30/20207,8993921,6502,002N/A3/31/20208,0026471,6311,966N/A12/31/20197,7944941,5811,944N/A9/30/20197,2284941,5751,931N/A6/30/20196,6855391,3991,741N/A3/31/20196,1405371,4101,774N/A12/31/20185,7716761,4291,785N/A9/30/20185,6791,2441,5091,829N/A6/30/20185,5901,2421,6742,017N/A3/31/20185,5061,200N/A1,938N/A12/31/20175,4251,124N/A1,849N/A9/30/20175,324665N/A1,818N/A6/30/20175,221578N/A1,705N/A3/31/20175,108439N/A1,652N/A12/31/20165,014413N/A1,704N/A9/30/20164,903248N/A1,536N/A6/30/20164,792241N/A1,315N/A3/31/20164,676310N/A1,276N/A12/31/20154,552259N/A1,222N/A12/31/20144,141231N/A1,242N/A12/31/20133,6258,190N/A1,059N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: LSXM.K 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -0.9%).수익 vs 시장: LSXM.K 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -0.9%).고성장 수익: LSXM.K 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: LSXM.K 의 수익(연간 0.2%)이 US 시장(연간 11.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: LSXM.K 의 수익(연간 0.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: LSXM.K의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YMedia 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/09/10 20:39종가2024/09/09 00:00수익2024/06/30연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스The Liberty SiriusXM Group는 10명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관William Noel MilnerArete Research Services LLPDavid JoyceBarclaysJessica Reif Ehrlich CohenBofA Global Research7명의 분석가 더 보기
Price Target Changed • May 15Price target decreased by 11% to US$38.00Down from US$42.50, the current price target is an average from 2 analysts. New target price is 55% above last closing price of US$24.57. Stock is down 14% over the past year. The company is forecast to post earnings per share of US$2.35 for next year compared to US$2.54 last year.
Price Target Changed • Oct 19Price target increased by 17% to US$40.67Up from US$34.75, the current price target is an average from 3 analysts. New target price is 61% above last closing price of US$25.23. Stock is down 38% over the past year. The company is forecast to post earnings per share of US$2.83 for next year compared to US$3.94 last year.
Price Target Changed • Sep 07Price target decreased by 12% to US$33.80Down from US$38.20, the current price target is an average from 5 analysts. New target price is 43% above last closing price of US$23.65. Stock is down 42% over the past year. The company is forecast to post earnings per share of US$2.27 for next year compared to US$3.94 last year.
Price Target Changed • Aug 15Price target decreased by 12% to US$35.80Down from US$40.75, the current price target is an average from 5 analysts. New target price is 49% above last closing price of US$24.07. Stock is down 46% over the past year. The company is forecast to post earnings per share of US$2.28 for next year compared to US$3.94 last year.
Major Estimate Revision • Jun 04Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$3.77 to US$3.13 per share. Revenue forecast steady at US$9.01b. Net income forecast to shrink 16% next year vs 8.4% growth forecast for Media industry in the US . Consensus price target down from US$41.25 to US$39.75. Share price was steady at US$28.20 over the past week.
Price Target Changed • Jun 03Price target decreased by 9.7% to US$39.75Down from US$44.00, the current price target is an average from 4 analysts. New target price is 41% above last closing price of US$28.20. Stock is down 31% over the past year. The company is forecast to post earnings per share of US$3.13 for next year compared to US$3.94 last year.
공시 • Sep 11+ 2 more updatesThe Liberty SiriusXM Group(NasdaqGM:LSXM.K) dropped from NASDAQ Composite IndexThe Liberty SiriusXM Group has been dropped from the NASDAQ Composite Index (^COMP)
공시 • Sep 10Liberty Sirius XM Holdings Common Stock to Delist from NasdaqOn September 9, 2024 at 4:05 p.m., New York City time (the Split-Off Effective Time"), Liberty Media Corporation (Liberty Media") completed its previously announced split-off (the Split-Off") of its former wholly owned subsidiary, Liberty Sirius XM Holdings Inc. (New Sirius"). The Split-Off was accomplished by Liberty Media redeeming each outstanding share of Liberty SiriusXM common stock, par value $0.01 per share, in exchange for 0.8375 of a share of New Sirius common stock, par value $0.001 per share, with cash being paid to entitled record holders of Liberty SiriusXM common stock in lieu of any fractional shares of common stock of New Sirius. Liberty Media notified Nasdaq of the completion of the Split-Off and requested that The Liberty SiriusXM Group common stock, which traded under the symbols LSXMA", LSXMB" and LSXMK", be delisted from Nasdaq effective on September 9, 2024 following the Split-Off Effective Time. Liberty Media also requested that Nasdaq file a notification of removal from listing and/or registration of the Liberty SiriusXM common stock on Form 25 under Section 12(b) of the Securities and Exchange Act of 1934, as amended, with the Securities and Exchange Commission.
공시 • Aug 28Liberty Media to Delist Common Stock Series A of The Liberty SiriusXM Effective September 09Liberty Media Corporation announced that, at Liberty Media`s virtual special meeting of its holders of Series A Liberty SiriusXM common stock (`LSXMA`) and Series B Liberty SiriusXM common stock (`LSXMB`) held on August 23, 2024 at 10:15 a.m. M.T., based on preliminary results of such special meeting, the holders of LSXMA and LSXMB approved the previously announced redemptive split-off (the `Split-Off`) of Liberty Sirius XM Holdings Inc. (`New Sirius`), which will be the owner of all of the businesses, assets and liabilities previously attributed to the Liberty SiriusXM Group. Following the Split-Off, New Sirius will combine with Sirius XM Holdings Inc. (`Sirius XM`) to create a new public company which will continue to operate under the Sirius XM name and brand. Assuming the requisite conditions to the Split-Off are satisfied or waived, as applicable, at 4:05 p.m., New York City time, on September 9, 2024, Liberty Media will redeem each outstanding share of Liberty SiriusXM common stock in exchange for a fraction of a share of common stock of New Sirius equal to the exchange ratio (as further described in New Sirius` final prospectus, which was filed with the SEC on July 23, 2024), with cash paid in lieu of any fractional shares. Liberty Media intends to publicly announce the final exchange ratio on or about September 5, 2024 prior to the completion of the Split-Off once the exchange ratio and the underlying calculations are determined by the parties. In connection with the Split-Off, Liberty Media expects that the last day of trading of Liberty SiriusXM common stock will be September 9, 2024. Liberty Media has notified Nasdaq of its intention to voluntarily delist from the Nasdaq Global Select Market and its intention to request that Nasdaq file appropriate forms with the Securities and Exchange Commission on or about September 9, 2024. As a result, Liberty Media expects Liberty SiriusXM common stock will cease to trade following market close on September 9, 2024.
새로운 내러티브 • Aug 27Merger Adjustments And Sports Expansion Promise Growth Despite Analysts' Pessimistic Revenue And Margin Outlook Adjusting the merger exchange ratio and focusing on growth through car subscriptions, ad platforms, and streaming features are poised to boost stock liquidity and subscriber engagement.
Reported Earnings • Aug 11Second quarter 2024 earnings released: EPS: US$0.92 (vs US$0.51 in 2Q 2023)Second quarter 2024 results: EPS: US$0.92 (up from US$0.51 in 2Q 2023). Revenue: US$2.18b (down 3.2% from 2Q 2023). Net income: US$299.0m (up 80% from 2Q 2023). Profit margin: 14% (up from 7.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
Price Target Changed • May 15Price target decreased by 11% to US$38.00Down from US$42.50, the current price target is an average from 2 analysts. New target price is 55% above last closing price of US$24.57. Stock is down 14% over the past year. The company is forecast to post earnings per share of US$2.35 for next year compared to US$2.54 last year.
Reported Earnings • Apr 30Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$2.54 (down from US$3.94 in FY 2022). Revenue: US$8.95b (flat on FY 2022). Net income: US$829.0m (down 36% from FY 2022). Profit margin: 9.3% (down from 14% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.7%. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 02Full year 2023 earnings released: EPS: US$2.54 (vs US$3.94 in FY 2022)Full year 2023 results: EPS: US$2.54 (down from US$3.94 in FY 2022). Revenue: US$8.95b (flat on FY 2022). Net income: US$829.0m (down 36% from FY 2022). Profit margin: 9.3% (down from 14% in FY 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
New Risk • Mar 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.3% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Profit margins are more than 30% lower than last year (9.3% net profit margin).
공시 • Dec 13Liberty Sirius XM Holdings Inc. entered into definitive agreement to acquire Sirius XM Holdings Inc. (NasdaqGS:SIRI) from The Liberty SiriusXM Group (NasdaqGS:LSXM.K) and others.Liberty Sirius XM Holdings Inc. entered into definitive agreement to acquire Sirius XM Holdings Inc. (NasdaqGS:SIRI) from The Liberty SiriusXM Group (NasdaqGS:LSXM.K) and others on December 12, 2023. The Exchange Ratio will be calculated based on (i) the number of shares of SiriusXM held by Liberty, reduced by a net liabilities share adjustment (the “Net Liabilities Share Adjustment”), divided by (ii) the number of adjusted fully diluted shares of LSXM. In the split-off, holders of each series of LSXM common stock will receive a number of shares of SplitCo stock equal to the Exchange Ratio such that LSXM stockholders receive 1 share of New SiriusXM for each share of SiriusXM previously held at LSXM, adjusted for LSXM net liabilities and existing SiriusXM stockholders (other than Liberty Media) will receive 1:1 shares of SplitCo, which will become New SiriusXM. If the Net Liabilities Share Adjustment and the adjusted fully diluted shares of LSXM were calculated as of June 30, 2024, the Exchange Ratio is estimated to be approximately 8.4 shares in New SiriusXM for each share of LSXM held. As part of the agreement, Liberty Sirius XM Holdings will be combined with SiriusXM to create a new public company (“New SiriusXM”), which will continue to operate under the SiriusXM name and brand. New SiriusXM will have a single outstanding series of common stock and is expected to continue to be traded on the Nasdaq Global Select Market under the ticker symbol “SIRI”. The transaction will result in New SiriusXM being an independent public company, with no majority stockholder, a single class of shares and a board comprising a majority of independent directors. Under the terms of the transaction, Liberty Media Corporation will separate Liberty Sirius XM Holdings (LSXM) by means of a redemptive split-off of a new subsidiary of Liberty (“SplitCo”), which will hold its shares of SiriusXM and approximately $1.7 billion of estimated attributed net liabilities. Liberty Media currently holds 3,205.8 million shares of SiriusXM attributed to LSXM. Pro forma for the transaction, there will be approximately 3,392 million basic shares outstanding of New SiriusXM, of which former LSXM stockholders will own approximately 81% of New SiriusXM, with the SiriusXM minority stockholders owning the remaining 19%. In the event that this Agreement is terminated by SiriusXM (through the Special Committee), then Liberty shall pay to SiriusXM a termination fee of $450 million in cash (the “Termination Fee”). The transaction is subject to approval by a majority of the aggregate voting power of the shares of Liberty SiriusXM common stock present, whether in-person or by proxy, at a stockholder meeting, the receipt by Liberty Media and New SiriusXM of tax opinions from their respective tax counsel, as well as the receipt of required regulatory approvals, the completion of the Split-Off, any required approvals under applicable U.S. antitrust laws, an effective registration statement on Form S-4 with respect to shares of New Sirius Common Stock to be issued in the Transactions, Nasdaq listing approval of the shares of New Sirius Common Stock to be issued, the Reorganization Agreement shall have been satisfied and the satisfaction of other customary closing conditions. The transaction has been unanimously approved by Liberty’s Board, the SiriusXM Special Committee and SiriusXM’s Board of Directors. The transaction is expected to be completed early in the third quarter of 2024. J.P. Morgan is acting as financial advisor and C. Brophy Christensen, Bradley L. Finkelstein and Noah Kornblith of O’Melveny & Myers LLP acted as legal counsels to Liberty Media. Morgan Stanley & Co. LLC is acting as financial advisor and Eric Swedenburg and Johanna Mayer of Simpson Thacher & Bartlett LLP acted as legal counsels to SiriusXM. Solomon Partners Securities, LLC is acting as financial advisor and Michael A. Diz, William D. Regner and Katherine Durnan Taylor of Debevoise & Plimpton LLP acted as legal counsels to the SiriusXM Special Committee.
Reported Earnings • Nov 07Third quarter 2023 earnings released: EPS: US$0.94 (vs US$0.93 in 3Q 2022)Third quarter 2023 results: EPS: US$0.94 (up from US$0.93 in 3Q 2022). Revenue: US$2.27b (flat on 3Q 2022). Net income: US$307.0m (flat on 3Q 2022). Profit margin: 14% (in line with 3Q 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
공시 • Oct 29Liberty Media Corporation Announces Retirement of Albert E. Rosenthaler as Chief Corporate Development Officer, Effective January 1, 2024Liberty Media Corporation announced that after over 20 years, Albert E. Rosenthaler will be retiring from Liberty effective January 1, 2024. Mr. Rosenthaler has served as Chief Corporate Development Officer since 2016. Previously, he was the top tax officer for Liberty Media and its predecessors since joining in 2002. Mr. Rosenthaler will become a Senior Advisor and remain a resource to the Liberty family of companies and its portfolio companies.
Price Target Changed • Oct 19Price target increased by 17% to US$40.67Up from US$34.75, the current price target is an average from 3 analysts. New target price is 61% above last closing price of US$25.23. Stock is down 38% over the past year. The company is forecast to post earnings per share of US$2.83 for next year compared to US$3.94 last year.
Price Target Changed • Sep 07Price target decreased by 12% to US$33.80Down from US$38.20, the current price target is an average from 5 analysts. New target price is 43% above last closing price of US$23.65. Stock is down 42% over the past year. The company is forecast to post earnings per share of US$2.27 for next year compared to US$3.94 last year.
Price Target Changed • Aug 15Price target decreased by 12% to US$35.80Down from US$40.75, the current price target is an average from 5 analysts. New target price is 49% above last closing price of US$24.07. Stock is down 46% over the past year. The company is forecast to post earnings per share of US$2.28 for next year compared to US$3.94 last year.
Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to US$22.75, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 26x in the Entertainment industry in the US. Total loss to shareholders of 37% over the past three years.
New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (9.9% average weekly change).
Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: US$0.51 (vs US$1.36 in 2Q 2022)Second quarter 2023 results: EPS: US$0.51 (down from US$1.36 in 2Q 2022). Revenue: US$2.25b (flat on 2Q 2022). Net income: US$166.0m (down 63% from 2Q 2022). Profit margin: 7.4% (down from 20% in 2Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
공시 • Jun 25+ 1 more updateThe Liberty SiriusXM Group(NasdaqGS:LSXM.K) dropped from Russell 1000 Growth IndexThe Liberty SiriusXM Group(NasdaqGS:LSXM.K) dropped from Russell 1000 Growth Index
Major Estimate Revision • Jun 04Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$3.77 to US$3.13 per share. Revenue forecast steady at US$9.01b. Net income forecast to shrink 16% next year vs 8.4% growth forecast for Media industry in the US . Consensus price target down from US$41.25 to US$39.75. Share price was steady at US$28.20 over the past week.
Price Target Changed • Jun 03Price target decreased by 9.7% to US$39.75Down from US$44.00, the current price target is an average from 4 analysts. New target price is 41% above last closing price of US$28.20. Stock is down 31% over the past year. The company is forecast to post earnings per share of US$3.13 for next year compared to US$3.94 last year.
Major Estimate Revision • May 24Consensus EPS estimates fall by 18%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$3.77 to US$3.07 per share. Revenue forecast steady at US$9.02b. Net income forecast to shrink 15% next year vs 8.3% growth forecast for Media industry in the US . Consensus price target of US$41.25 unchanged from last update. Share price was steady at US$28.00 over the past week.
Major Estimate Revision • May 12Consensus EPS estimates increase by 24%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from US$3.05 to US$3.77. Revenue forecast steady at US$9.02b. Net income forecast to shrink 17% next year vs 6.3% growth forecast for Media industry in the US . Consensus price target down from US$44.00 to US$41.25. Share price rose 7.3% to US$28.86 over the past week.
Price Target Changed • May 09Price target decreased by 9.2% to US$42.00Down from US$46.25, the current price target is an average from 4 analysts. New target price is 45% above last closing price of US$29.00. Stock is down 25% over the past year. The company is forecast to post earnings per share of US$3.05 for next year compared to US$3.94 last year.
Reported Earnings • May 08First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: US$0.56. Revenue: US$2.14b (down 1.9% from 1Q 2022). Net income: US$183.0m (down 37% from 1Q 2022). Profit margin: 8.5% (down from 13% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Media industry in the US.
Major Estimate Revision • Mar 24Consensus EPS estimates fall by 18%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$3.89 to US$3.20. Revenue forecast unchanged from US$9.01b at last update. Net income forecast to shrink 26% next year vs 8.1% decline forecast for Media industry in the US. Consensus price target down from US$52.00 to US$46.25. Share price was steady at US$25.75 over the past week.
Price Target Changed • Mar 10Price target decreased by 9.6% to US$52.00Down from US$57.50, the current price target is an average from 4 analysts. New target price is 81% above last closing price of US$28.73. Stock is down 36% over the past year. The company is forecast to post earnings per share of US$3.89 for next year compared to US$3.94 last year.
Major Estimate Revision • Mar 03Consensus EPS estimates increase by 18%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$9.23b to US$9.01b. EPS estimate rose from US$3.31 to US$3.89. Net income forecast to grow 8.3% next year vs 7.6% growth forecast for Media industry in the US. Consensus price target down from US$57.50 to US$52.00. Share price fell 2.6% to US$31.19 over the past week.
Price Target Changed • Mar 03Price target decreased by 10% to US$52.00Down from US$58.00, the current price target is an average from 4 analysts. New target price is 65% above last closing price of US$31.60. Stock is down 35% over the past year. The company is forecast to post earnings per share of US$3.77 for next year compared to US$1.79 last year.
Price Target Changed • Jan 04Price target decreased to US$57.50Down from US$62.00, the current price target is an average from 4 analysts. New target price is 43% above last closing price of US$40.14. Stock is down 19% over the past year. The company is forecast to post earnings per share of US$3.74 for next year compared to US$1.79 last year.
Price Target Changed • Nov 17Price target decreased to US$56.80Down from US$62.00, the current price target is an average from 5 analysts. New target price is 31% above last closing price of US$43.37. Stock is down 19% over the past year. The company is forecast to post earnings per share of US$3.74 for next year compared to US$1.79 last year.
Price Target Changed • Nov 07Price target decreased to US$58.67Down from US$65.33, the current price target is an average from 3 analysts. New target price is 41% above last closing price of US$41.65. Stock is down 23% over the past year. The company is forecast to post earnings per share of US$3.64 for next year compared to US$1.79 last year.
Major Estimate Revision • Aug 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$3.16 to US$3.74. Revenue forecast steady at US$9.07b. Net income forecast to grow 16% next year vs 2.8% growth forecast for Media industry in the US. Consensus price target down from US$65.50 to US$63.25. Share price rose 8.8% to US$44.56 over the past week.
Reported Earnings • Aug 08Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: US$1.36 (up from US$1.01 in 2Q 2021). Revenue: US$2.25b (up 4.4% from 2Q 2021). Net income: US$447.0m (up 33% from 2Q 2021). Profit margin: 20% (up from 16% in 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 43%. Over the next year, revenue is forecast to grow 4.0%, compared to a 2.4% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Price Target Changed • Apr 27Price target increased to US$65.25Up from US$57.67, the current price target is an average from 7 analysts. New target price is 56% above last closing price of US$41.83. Stock is down 7.0% over the past year. The company is forecast to post earnings per share of US$2.88 for next year compared to US$1.79 last year.
Price Target Changed • Apr 21Price target increased to US$65.25Up from US$57.67, the current price target is an average from 7 analysts. New target price is 47% above last closing price of US$44.43. Stock is down 3.4% over the past year. The company is forecast to post earnings per share of US$2.88 for next year compared to US$1.79 last year.
Reported Earnings • Feb 26Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: US$1.81 (up from US$2.24 loss in FY 2020). Revenue: US$8.70b (up 8.2% from FY 2020). Net income: US$599.0m (up US$1.35b from FY 2020). Profit margin: 6.9% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 2.9%, compared to a 6.5% growth forecast for the industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
Price Target Changed • Nov 17Price target increased to US$64.33Up from US$57.00, the current price target is an average from 6 analysts. New target price is 16% above last closing price of US$55.36. Stock is up 29% over the past year. The company is forecast to post earnings per share of US$2.86 next year compared to a net loss per share of US$2.24 last year.
Reported Earnings • Nov 09Third quarter 2021 earnings released: EPS US$1.03 (vs US$0.035 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$2.20b (up 8.5% from 3Q 2020). Net income: US$342.0m (up US$330.0m from 3Q 2020). Profit margin: 16% (up from 0.6% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS US$1.00 (vs US$0.27 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$2.16b (up 15% from 2Q 2020). Net income: US$337.0m (up US$425.0m from 2Q 2020). Profit margin: 16% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
