Why Is Live Nation (LYV) Up 3.6% Since Last Earnings Report? [Yahoo! Finance]
Live Nation Entertainment, Inc. (LYV)
Last live nation entertainment, inc. earnings: 10/31 04:01 pm
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US:NYSE Investor Relations:
livenationentertainment.com/investor-relations
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Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Live Nation due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Live Nation Entertainment's third-quarter 2024 earnings surpassed the Zacks Consensus Estimate but revenues missed the same. The top and bottom lines declined from the prior-year quarter's level. The company shared its outlook on expanding growth opportunities, driven by an unprecedented summer concert season and a record-breaking show pipeline. Despite the one-time accrual impacts on operating income, Live Nation anticipates achieving double-digit AOI growth in 2024. Also, it stated optimism for continued momentum into 2025, with a more extensive lineup of stadium, arena and amphitheater shows to meet high fan demand. During the third quarter, the company reported adjusted
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LYV
Earnings
- 11/11/24 - Beat
LYV
Sec Filings
- 12/6/24 - Form 8-K
- 11/27/24 - Form 4
- 11/27/24 - Form 4
- LYV's page on the SEC website