Yahoo Finance Sirius XM (SIRI) to Audio Broadcast 2023 Masters Tournament
Sirius XM SIRI recently announced that it will exclusively broadcast the 2023 Masters Tournament on audio. From Apr 1-9, Sirius XM will broadcast throughout the Masters week.
Sirius XM will cover the tournament live daily from Thursday, Apr 6 to Sunday, Apr 9, from 2 p.m. ET till the end of the play. It will also provide live look-in coverage before the play begins at 2 p.m.
Mike Tirico will be Sirius XM’s lead play-by-play broadcaster. Rocco Mediate, who has participated in 10 Masters Tournaments, will join Mike on the weekend. On Thursday and Friday, Steve Melnyk, who competed in five Masters Tournaments, will join as an analyst.
The broadcast team will also feature a play-by-play from Taylor Zarzour and commentary from Fred Albers, Mark Carnevale, Brian Katrek, Maureen Madill, John Maginnes, Chantel McCabe, Jim McLean, Carl Paulson and Jason Sobel.
On Apr 1, Sirius XM will air live coverage of the last round of the Augusta National Women’s Amateur. Sirius XM will air live coverage of the 2023 Masters Par 3 Contest on Apr 5. On Apr 3, Jack Niklaus, a six-time Masters Champion and his son’s extended conversation with Taylor Zarzour will air exclusively on Sirius XM.
Sirius XM Holdings Inc. Price and Consensus
Sirius XM Holdings Inc. price-consensus-chart | Sirius XM Holdings Inc. Quote
Sirius XM’s Other Partnerships To Boost Top-Line
SIRI reported fourth-quarter 2022 profit of 9 cents per share, beating the Zacks Consensus Estimate by 12.5%. Revenues increased 0.04% year over year to $2.28 billion, which missed the Zacks Consensus Estimate by 0.73%.
Sirius XM is looking for partnerships to boost revenues. Some recent notable collaborations are with Ultra Music Festival, NCAA March Madness and World Baseball Classic.
The 23rd Annual Ultra Music Festival will be broadcast live for the 17th year by Sirius XM from Miami. Sirius XM will broadcast live sets from Alesso, Armin Van Buuren, Carl Cox and many more.
Sirius XM listeners will get extensive coverage of March Madness and play-by-play coverage of the Men’s Basketball Championship. From the selection of players to the finals, everything will be aired on Sirius XM.
Sirius XM recently announced it will air the World Baseball Classic and produce the national radio broadcast for the 16 participating teams.
Some other partnerships of Sirius XM are with events like the Super Bowl, NFL and NBA and with famous personalities like Adam Schein, Kevin Hart and Lori Lindsey. The Zacks Consensus Estimate for revenues for first-quarter 2023 is currently pegged at $2.18 billion, indicating a decline of .47% year-over-year.
Zacks Rank & Stocks to Consider
Sirius XM currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Shares of SIRI have decreased 42.2% in the past year compared with the Zacks Consumer Discretionary sector’s decline of 23.5% in the same period.
Some other top-ranked stocks are Boyd Gaming BYD, PlayAGS AGS and Crocs CROX. While Boyd Gaming and PlayAGS carry a Zacks Rank #2 (Buy), Crocs sports a Zacks Rank #1, at present.
Shares of BYD have contracted 10.4% in the past year. The Zacks Consensus Estimate for BYD’s earnings is pegged at $1.47 per share, which has remained unchanged over the past 30 days.
Shares of AGS have risen 0.7% in the past year. The Zacks Consensus Estimate for AGS’s loss is pegged at 8 cents per share, which has risen from a loss of 11 cents per share over the past 30 days.
Shares of CROX have increased 41.5% in the past year. The Zacks Consensus Estimate for CROX’s earnings is pegged at $2.14 per share, which has risen from $2.07 per share over the past 30 days.
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