Live Nation Entertainment, Inc. (LYV) reported mixed fourth-quarter 2023 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. Revenues surpassed the consensus estimate for the seventh straight quarter.Following the results, the company’s shares increased 3.8% in the after-hour trading session on Feb 22.The company has been benefiting from the pent-up demand for live events and robust ticket sales. It continues to benefit from the robust performance of Ticketmaster and a ...

The shares of Live Nation Entertainment Inc (NYSE:LYV) are on the rise today, following the company's upbeat fourth-quarter results, after which no fewer than seven analysts lifted their price targets. Jefferies also reiterated its "buy" rating, noting it expects the accelerating revenues and margin improvements to continue. All 16 analysts in coverage already carry a "buy" or better rating on the security. At last glance, LYV was up 3.9% at $97.10. Earlier as high as $101.50, the stock nearly surpassed its ...

Ticketmaster owner Live Nation Entertainment Inc (NYSE:LYV) exceeded fourth-quarter revenue expectations, driven by robust concert demand during the holiday season. Both advertising and ticket revenues surged during the period as the post-pandemic trend of consumers increasing their spending on leisure continued. Concerts from artists like Jennifer Lopez and Sean Paul are scheduled for 2024, but the company warned that growth will be more weighted to the second half. Total sales increased by 36% during the ...

Live Nation Entertainment, Inc. (NYSE:LYV) Q4 2023 Earnings Conference Call February 22, 2024 5:00 PM ET Company Participants Amy Yong - Head, Investor Relations Michael Rapino - President and Chief Executive Officer Joe Berchtold - President and Chief Financial Officer Conference Call Participants Stephen Laszczyk - Goldman Sachs Brandon Ross - LightShed Partners David Karnovsky - JPMorgan Cameron Mansson-Perrone - Morgan Stanley Jason Bazinet - Citibank Ashton Welles - Evercore ISI David Katz - Jefferies ...

Live Nation (LYV) reported $5.84 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 36.1%. EPS of -$1.22 for the same period compares to -$1.09 a year ago.The reported revenue represents a surprise of +23.73% over the Zacks Consensus Estimate of $4.72 billion. With the consensus EPS estimate being -$1.13, the EPS surprise was -7.96%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...

Live Nation (LYV) came out with a quarterly loss of $1.22 per share versus the Zacks Consensus Estimate of a loss of $1.13. This compares to loss of $1.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.96%. A quarter ago, it was expected that this ticket seller and concert promoter would post earnings of $1.27 per share when it actually produced earnings of $1.78, delivering a surprise of 40.16%.Over the last four quarters ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-32601 ____________________________________ LIVE NATION ENTERTAINMENT, INC. (Exact name of registrant as specified in its charter) Delaware 20-3247759 (State of Incorporation) (I.R.S. Employer Identification No.) 9348 Civic Center Drive Beverly Hills, CA 90210 (Address of p ...

Exhibit 99.1 LIVE NATION ENTERTAINMENT REPORTS FULL YEAR AND FOURTH QUARTER 2023 RESULTS "The live music industry reached new heights in 2023, and demand for live music continues to build. Our digital world empowers artists to develop global followings, while inspiring fans to crave in-person experiences more than ever. At the same time, the industry is delivering a wider variety of concerts which draws in new audiences, and developing more venues to support a larger show pipeline. Against this backdrop, we ...

TUCSON, Ariz., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Simpleview has announced an exciting new partnership with Ticketmaster, designed to give destination marketing organizations (DMOs) an unbeatable event and ticketing solution. Simpleview, the leading provider of CRM, CMS, and marketing solutions for destinations worldwide, and Ticketmaster, the global market leader in live event ticketing products and services, diligently crafted this one-of-a-kind partnership to help DMOs bring events to visitors' digital do ...

Live Nation Entertainment, Inc. (LYV) is scheduled to report fourth-quarter 2023 results on Feb 22, after market close. In the last reported quarter, the company delivered an earnings surprise of 40.2%.Q4 EstimatesThe Zacks Consensus Estimate for the fourth-quarter loss is pegged at $1.08 per share. In the prior-year quarter, the company had reported an adjusted loss per share of $1.09. The consensus mark for revenues is pegged at $4.72 billion, suggesting a 10% year-over-year rise.Factors to NoteLive Natio ...