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Stock impact report

Unpacking Q4 Earnings: Sirius XM (NASDAQ:SIRI) In The Context Of Other Wireless, Cable and Satellite Stocks [Yahoo! Finance]

Sirius XM Holdings Inc. (SIRI) 
Last sirius xm holdings inc. earnings: 4/28 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The massive physical footprints of cell phone towers, fiber in the ground, or satellites in space make it challenging for companies in this industry to adjust to shifting consumer habits. Over the last decade-plus, consumers have ‘cut the cord' to their landlines and traditional cable subscriptions in favor of wireless communications and streaming video. These trends do mean that more households need cell phone plans and high-speed internet. Companies that successfully serve customers can enjoy high retention rates and pricing power since the options for mobile and internet connectivity in any geography are usually limited. The 8 wireless, cable and satellite stocks we track reported a mixed Q4. As a group, revenues along with next quarter's revenue guidance were in line with analysts' consensus estimates. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Known for its commercial-f Show less Read more
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