3 weeks ago

Live Nation Q3 Earnings Preview: What To Expect After A Strong Q2

Live Nation Entertainment Inc (NYSE:LYV) is set to report its third-quarter earnings after trading hours on Monday, Nov. 11.

Investors anticipate results that could build on the ticket vendor's robust second-quarter performance.

The parent company of Ticketmaster, Live Nation Concerts and Live Nation Media & Sponsorship, reported mixed results last quarter. Revenue reached $6.023 billion, slightly ahead of the $6.018 billion forecast. This marked a 7% year-over-year increase.

Earnings per share fell short of estimates, reaching $1.03 versus the anticipated $1.06.

Read Also: Oasis Fans Rejoice, ‘Today Is Gonna Be The Day’: Rockers Reunite After 15-Year Family Feud

What To Know: In the second quarter, Live Nation demonstrated strong growth in its core operations, with its concert business continuing to perform well amid high demand for live events.

The company hosted 39 million fans globally, a 5% increase from the same period last year, and ...

Full story available on Benzinga.com

Read Entire Article

© NewsMage 2024. All rights are reserved