Wednesday, January 03, 2007

A Curious Comment From Jacoby

January 3, 2006

If you are invested in satellite radio, you are likely familiar with Bank of America analyst Jonathan Jacoby. He seems to garner a lot of press, and is often a guest on television shows discussing satellite radio.

His report issued today had a curious note.

Jacoby stated that Sirius was below the streets subscriber consensus which he stated was 6.2 million.

We find this curious, because our review of analyst notes shows that the street was expecting Sirius to come in right around 6 million. On December 4, 2006 Sirius lowered guidance to a range between 5.9 million and 6.1 million. Most, but not all analysts revised their projections, and those that did not were mostly already below the 6.3 million, and within the range provided by Sirius.

We find it curious that while most other analyst saw street expectations of between 6 million and 6.1 million how Jacoby could come up with a consensus of 6.2 million. While this is not a big deal, it is just another one of the curiosities of Jonathan Jacoby.

Labels: , , , ,

1/03/2007 11:54:00 AM

SSG Has Merged. You Can Read All Of The Latest SSG Content By Clicking Here


Post a Comment

SSG is not a Financial Advisor. Read Disclosure: HERE


Sirius Radio TSS-Radio Blog Sirius Answers Credit card merchant account


Search by Label


Logo Design:
Jeremy Sprout

Designed by
miru designs

Powered by