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Sirius XM (SIRI) to Broadcast 2023 NTT INDYCAR SERIES Season
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Sirius XM (SIRI - Free Report) will live broadcast NTT INDYCAR Series 2023 for the full season, starting with Firestone Grand Prix of St. Petersburg presented by R P Funding from Mar 5.
Subscribers of Sirius XM will have live access to all 17 events on the INDYCAR calendar. This also includes the 107th running of the Indianapolis 500 presented by Gainbridge and NTT INDYCAR SERIES qualifying and practice sessions.
Sirius XM will air INDY NXT by Firestone series races also throughout the season. The INDY NXT series comprises some of the world’s best young open-wheel drivers and produces many stars for INDYCAR also.
Sirius XM will air an exclusive INDYCAR show, Brick-by-Brick, every Wednesday on their channel. The show will also be aired on race days on the Sirius XM INDYCAR nation challenge and will be available on demand on the SXM app.
Sirius XM will also be the co-title sponsor of two cars in the field for Firestone Grand Prix of St. Petersburg, the No. 06 Meyer Shank Racing Honda driven by four-time Indianapolis 500 winner Helio Castroneves and the No. 60 Meyer Shank Racing Honda of 2016 INDYCAR SERIES Champion and winner of the 2019 Indianapolis 500 Simon Pagenaud. These cars will display the SiriusXM livery for all 16 races this season.
Sirius XM’s Other Car Racing Partnerships
Sirius XM is a long-time partner of Toyota Racing Development. The company had recently announced that it will serve as a multi-race sponsor for both the teams of the Toyota Racing Development. The company will partner with Joe Gibbs and Christopher Bell to use the No. 20 Toyota Camry TRD in back-to-back races at Auto Club Speedway in February and Las Vegas Motor Speedway in March.
Sirius XM will air the 2023 FIA Formula One World Championship from March to November. According to the agreement, all Formula 1 races are available to Sirius XM subscribers in their cars and on the SXM app.
Sales and marketing cost stands at $224 million for the fourth quarter of 2022 compared with $315 million in the year-ago quarter, indicating a 28.9% decrease in sales and marketing cost.
Some other partnerships of Sirius XM are with Super Bowl, NBA, NHL MLB and some famous podcasts are Crime Junkie, Office Ladies, Dateline NBC, Pod Save America and Conan O'Brien Needs a Friend.
A Synopsis of Other Stocks
Ralph Lauren’s (RL - Free Report) third-quarter fiscal 2023 top and bottom lines not only surpassed the Zacks Consensus Estimate but also improved year over year. The company’s global digital ecosystem witnessed year-on-year high single digit revenue growth. In the third quarter of fiscal 2023, Ralph Lauren posted adjusted earnings of $3.35 per share, which surpassed the Zacks Consensus Estimate of $2.91 per share and increased from $2.94 per share reported in the prior-year quarter. Total sales of $1832.3 million beat the Zacks Consensus Estimate of $1756 million. Markedly, the metric rose from $1712.4 million reported in the year-ago period.
Sony (SONY - Free Report) registered a solid performance in the third quarter of 2022, wherein the bottom lines beat the Zacks Consensus Estimate and grew year over year. The company posted adjusted earnings of $1.87 per share, outperforming the Zacks Consensus Estimate of $1.4 per share. Sony’s sales of $24,197.6 million rose 13% year over year but fell behind the Zacks Consensus mark of $25,024.1 million. The company’s sales fell behind due to decline in financial services and picture sales.
Crocs (CROX - Free Report) reported an impressive performance in the third quarter of 2022, the top and the bottom line not only beat the Zacks Consensus Estimate but also grew year over year. The company posted adjusted earnings of $2.97 per share, outperforming the Zacks Consensus Estimate of $2.58 per share. Croc’s sales of $985.1 million rose 57.4% year over year and beat the the Zack Consensus mark of $945 million. The management believes that company has been exceptional to achieve a 53% jump in the year 2022.
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Sirius XM (SIRI) to Broadcast 2023 NTT INDYCAR SERIES Season
Sirius XM (SIRI - Free Report) will live broadcast NTT INDYCAR Series 2023 for the full season, starting with Firestone Grand Prix of St. Petersburg presented by R P Funding from Mar 5.
Subscribers of Sirius XM will have live access to all 17 events on the INDYCAR calendar. This also includes the 107th running of the Indianapolis 500 presented by Gainbridge and NTT INDYCAR SERIES qualifying and practice sessions.
Sirius XM will air INDY NXT by Firestone series races also throughout the season. The INDY NXT series comprises some of the world’s best young open-wheel drivers and produces many stars for INDYCAR also.
Sirius XM will air an exclusive INDYCAR show, Brick-by-Brick, every Wednesday on their channel. The show will also be aired on race days on the Sirius XM INDYCAR nation challenge and will be available on demand on the SXM app.
Sirius XM will also be the co-title sponsor of two cars in the field for Firestone Grand Prix of St. Petersburg, the No. 06 Meyer Shank Racing Honda driven by four-time Indianapolis 500 winner Helio Castroneves and the No. 60 Meyer Shank Racing Honda of 2016 INDYCAR SERIES Champion and winner of the 2019 Indianapolis 500 Simon Pagenaud. These cars will display the SiriusXM livery for all 16 races this season.
Sirius XM’s Other Car Racing Partnerships
Sirius XM is a long-time partner of Toyota Racing Development. The company had recently announced that it will serve as a multi-race sponsor for both the teams of the Toyota Racing Development. The company will partner with Joe Gibbs and Christopher Bell to use the No. 20 Toyota Camry TRD in back-to-back races at Auto Club Speedway in February and Las Vegas Motor Speedway in March.
Sirius XM will air the 2023 FIA Formula One World Championship from March to November. According to the agreement, all Formula 1 races are available to Sirius XM subscribers in their cars and on the SXM app.
Sales and marketing cost stands at $224 million for the fourth quarter of 2022 compared with $315 million in the year-ago quarter, indicating a 28.9% decrease in sales and marketing cost.
Some other partnerships of Sirius XM are with Super Bowl, NBA, NHL MLB and some famous podcasts are Crime Junkie, Office Ladies, Dateline NBC, Pod Save America and Conan O'Brien Needs a Friend.
A Synopsis of Other Stocks
Ralph Lauren’s (RL - Free Report) third-quarter fiscal 2023 top and bottom lines not only surpassed the Zacks Consensus Estimate but also improved year over year. The company’s global digital ecosystem witnessed year-on-year high single digit revenue growth. In the third quarter of fiscal 2023, Ralph Lauren posted adjusted earnings of $3.35 per share, which surpassed the Zacks Consensus Estimate of $2.91 per share and increased from $2.94 per share reported in the prior-year quarter. Total sales of $1832.3 million beat the Zacks Consensus Estimate of $1756 million. Markedly, the metric rose from $1712.4 million reported in the year-ago period.
Sony (SONY - Free Report) registered a solid performance in the third quarter of 2022, wherein the bottom lines beat the Zacks Consensus Estimate and grew year over year. The company posted adjusted earnings of $1.87 per share, outperforming the Zacks Consensus Estimate of $1.4 per share. Sony’s sales of $24,197.6 million rose 13% year over year but fell behind the Zacks Consensus mark of $25,024.1 million. The company’s sales fell behind due to decline in financial services and picture sales.
Crocs (CROX - Free Report) reported an impressive performance in the third quarter of 2022, the top and the bottom line not only beat the Zacks Consensus Estimate but also grew year over year. The company posted adjusted earnings of $2.97 per share, outperforming the Zacks Consensus Estimate of $2.58 per share. Croc’s sales of $985.1 million rose 57.4% year over year and beat the the Zack Consensus mark of $945 million. The management believes that company has been exceptional to achieve a 53% jump in the year 2022.