Latest news with #LYV
Yahoo
3 days ago
- Business
- Yahoo
Compared to Estimates, Live Nation (LYV) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2025, Live Nation (LYV) reported revenue of $7.01 billion, up 16.3% over the same period last year. EPS came in at $0.41, compared to $1.03 in the year-ago quarter. The reported revenue represents a surprise of +3.09% over the Zacks Consensus Estimate of $6.8 billion. With the consensus EPS estimate being $1.01, the EPS surprise was -59.41%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Live Nation performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Concerts - Estimated Attendance - Total: 44.22 million versus the five-analyst average estimate of 43.62 million. Ticketing - Total Fee-Bearing Number of Tickets Sold: 83.35 million versus the five-analyst average estimate of 82.26 million. Concerts - Estimated Events - Total: 14.29 million versus the five-analyst average estimate of 14.36 million. Concerts - Estimated Attendance - North America: 23.28 million compared to the 25.08 million average estimate based on four analysts. Concerts - Estimated Events - International: 5.27 million versus 4.73 million estimated by four analysts on average. Concerts - Estimated Events - North America: 9.02 million compared to the 9.55 million average estimate based on four analysts. Concerts - Estimated Attendance - International: 20.93 million versus 18.45 million estimated by four analysts on average. Ticketing - Total Non-Fee-Bearing Number of Tickets Sold: 72.41 million versus the three-analyst average estimate of 77.09 million. Revenue- Concerts: $5.95 billion compared to the $5.74 billion average estimate based on seven analysts. The reported number represents a change of +19.2% year over year. Revenue- Other and Eliminations: $-23.1 million compared to the $-8.19 million average estimate based on seven analysts. The reported number represents a change of +255.4% year over year. Revenue- Sponsorship & Advertising: $340.6 million versus $342.87 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +9.1% change. Revenue- Ticketing: $742.7 million versus $734.9 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +1.6% change. View all Key Company Metrics for Live Nation here>>> Shares of Live Nation have returned +4% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
3 days ago
- Business
- Reuters
Live Nation beats revenue estimates on red-hot concert demand
Aug 7 (Reuters) - Ticketmaster-parent Live Nation Entertainment (LYV.N), opens new tab beat Wall Street estimates for second-quarter revenue on Thursday, driven by strong demand for concerts. The results signal continued resilience and growth in the live entertainment industry amid economic uncertainty. Fans are still willing to spend on live experiences such as concerts and events, helping Live Nation Entertainment — a bellwether for discretionary consumer spending and the health of the global entertainment market. However, shares of the company fell nearly 4% in extended trading, as it also said its quarterly profit came in at 41 cents per share, down from $1.03 per share a year earlier. The stock has risen about 15% so far this year. "Global expansion continues to drive touring growth, with fan attendance hitting new highs and ticket buying strong at every price point from VIP to the back row," CEO Michael Rapino said in a statement. "To meet this momentum, we're expanding our global venue portfolio and investing in the artists who make it all possible." The company reported a 16% surge in revenue to $7.01 billion, beating analysts' average estimate of $6.84 billion, according to data compiled by LSEG. The majority of its revenue, or about $5.95 billion, came from the concerts business, which consists of merchandise sales and the production of live music events, followed by $742.7 million from ticketing. Live Nation's total estimated events in the April-to-June period fell about 2.6% to 14,292 from last year, but 44.2 million fans attended its shows — compared with 22.3 million in the previous quarter. Total estimated tickets sold in the quarter ended June 30 stood at 155.8 million, compared with 155.1 million in the first quarter. Live Nation said tariffs are expected to have minimal impact on its venue investment costs, festival supply chain and other expenses. Its adjusted operating income stood at $798 million, compared with estimates of $756.1 million.
Wall Street Journal
3 days ago
- Entertainment
- Wall Street Journal
Summer Concert Season Off to a Booming Start, Live Nation Says
The summer live-music season has kicked off to a strong start with record attendance, ticket sales and spending at venues, Live Nation Entertainment LYV -0.60%decrease; red down pointing triangle said. More than 130 million tickets for Live Nation concerts were sold this year through July, up 6% from the same period last year, the company said while reporting second-quarter results Thursday.
Yahoo
5 days ago
- Business
- Yahoo
Live Nation Entertainment Stock: Is Wall Street Bullish or Bearish?
Beverly Hills, California-based Live Nation Entertainment, Inc. (LYV) operates as a live entertainment company worldwide. With a market cap of $33.9 billion, Live Nation operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The entertainment giant has significantly outperformed the broader market over the past year. LYV stock has soared 65.9% over the past 52 weeks and 16.8% on a YTD basis, outpacing the S&P 500 Index's ($SPX) 18.4% surge over the past year and 7.6% returns on a YTD basis. More News from Barchart Options Traders Expected Palantir Stock's Tamest Earnings Reaction in a Year. Did They Get It Right? Dear Nvidia Stock Fans, Mark Your Calendars for August 27 Tesla Gains on Elon Musk's New Pay Package. Is TSLA Stock a Buy? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Narrowing the focus, LYV has also outperformed the Communication Services Select Sector SPDR ETF Fund's (XLC) 27.6% surge over the past year and 11.7% gains in 2025. Live Nation Entertainment's stock prices gained 1.9% in the trading session following the release of its mixed Q1 results on May 1. While the company experienced a drop in concerts and ticketing sales, it observed a slight improvement in sponsorship and advertising revenues. Overall, its topline declined 11% year-over-year to $3.4 billion, missing Street expectations. However, Live Nation's operating cash flows surged 33.6% year-over-year to $1.3 billion. Furthermore, the company reported an operating income of $114.8 million, notably up from $41.4 million operating loss reported in the year-ago quarter. For the full fiscal 2025, ending in December, analysts expect LYV to report an EPS of $2.35, down 14.2% year-over-year. On the positive note, the company has a solid earnings surprise history. It has surpassed the Street's bottom-line estimates in each of the past four quarters by notable margins. The stock has a consensus 'Strong Buy' rating overall. Of the 21 analysts covering the stock, opinions include 19 'Strong Buys,' one 'Moderate Buy,' and one 'Hold' rating. This configuration is slightly more bullish than two months ago, when 18 analysts gave 'Strong Buy' recommendations. On Jun. 18, Guggenheim analyst Curry Baker reiterated a 'Buy' rating on LYV and maintained the price target of $170. Live Nation's mean price target of $168.85 suggests an 11.6% upside potential. Meanwhile, the Street-high target of $185 represents a notable 22.3% premium to current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
22-07-2025
- Business
- Yahoo
Live Nation (LYV) Earnings Expected to Grow: What to Know Ahead of Q2 Release
Wall Street expects a year-over-year increase in earnings on higher revenues when Live Nation (LYV) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This ticket seller and concert promoter is expected to post quarterly earnings of $1.05 per share in its upcoming report, which represents a year-over-year change of +1.9%. Revenues are expected to be $6.82 billion, up 13.2% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 1.27% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Price, Consensus and EPS Surprise Chart for LYV Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
