NEW YORK, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Live Nation Entertainment, Inc. (NYSE: LYV) on behalf of long-term stockholders following a class action complaint that was filed against Live Nation on August 4, 2023 with a Class Period from February 23, 2022 to July 28, 2023. Our investigation concerns whether the board of directors of Live Nation have breached their fiduciary duties to t ...

Shares of Live Nation Entertainment, Inc. (LYV) have gained 16.4% in the past year, outperforming the industry’s growth of 6.7%.As of Thursday, the stock closed at $94.20, below its 52-week high of $107.24 but above the low of $76.48. The company is benefiting from robust global fan demand for live events, resulting in increased ticket sales.Stock Price PerformanceImage Source: Zacks Investment ResearchFactors Favoring LYVThe company is concentrating on enhancing Venue Nation's fan experience and hospitalit ...

It has been about a month since the last earnings report for Live Nation (LYV) . Shares have added about 0.8% in that time frame, underperforming the S&P 500.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 Earnings Beat Estimates, Revenues ...

LOS ANGELES, Aug. 21, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, announced today that management will be presenting at Bank of America Securities Media, Communications & Entertainment Conference on Wednesday, September 4, 2024 at 7:30 a.m. PT and at Goldman Sachs Communacopia & Technology Conference on Tuesday, September 10, 2024 at 10:10 a.m. PT.A live webcast of both events will be accessible from the "News / Events" section of the com ...

The United States Department of Justice filed a major lawsuit against Live Nation-Ticketmaster in May, arguing that the entertainment giant is acting as a monopoly. An additional 10 state attorneys general joined the suit this week, bringing the total to 39 states and the District of Columbia. The plaintiffs also filed an amended complaint, making further allegations of anticompetitive practices from the company.Live Nation-Ticketmaster controls the majority of ticket sales and venue bookings in the U,S,, w ...

Attorneys general from about two dozen states are seeking treble damages against Live Nation Entertainment and its ticket-selling unit, Ticketmaster, for allegedly monopolizing markets across the live concert industry in an updated version of a lawsuit originally filed in May.The Justice Department and several states sued three months ago to break up Live Nation, arguing the concert promoter and Ticketmaster illegally inflated concert ticket prices and hurt artists like Taylor Swift.Some states had sought d ...

文章核心观点 - 公司2Q24财报显示总收入和调整营业利润均实现增长,其中演唱会业务调整营业利润增长61%,创历史新高[3] - 公司票务销售、场地扩张、赞助广告等多方面数据显示行业需求持续强劲,为公司未来10%左右的复合年增长率提供支撑[4][5] - 随着业务增长,公司资产负债表将进一步改善,为未来资本支出和股票回购等提供空间[6] 财务数据总结 - 2Q24总收入同比增长7%,达到60亿美元[3] - 调整营业利润同比增长约21%,主要得益于演唱会业务利润增长61%[3] - 演唱会业务调整营业利润率达到5.4%,创历史新高[3] - 赞助广告业务调整营业利润率从2Q23的67%提升至71%[3] - 票务收入增速从2Q23的23%放缓至3.5%[3] - 2024年已售出1.18亿张票,同比实现双位数增长[4] - 2024-2025年计划新开14个大型场馆,并完成2个场馆的大规模翻新[4] 行业趋势总结 - 演唱会取消率下降至4-5%的历史正常水平[5] - 普通观众需求回升,包括季节性演唱会票券促销和露天剧场票券销售[5] - 观众人均消费持续上升,尤其是在大型音乐节[5] - 广告主加大对现场娱乐行业的营销预算投入,LYV全年广告预订率已达100%[5]

Live Nation (LYV) reported $6.02 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 7%. EPS of $1.03 for the same period compares to $1.02 a year ago.The reported revenue represents a surprise of -0.27% over the Zacks Consensus Estimate of $6.04 billion. With the consensus EPS estimate being $0.98, the EPS surprise was +5.10%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

财务数据和关键指标变化 - 公司总体营收增长5%,其中北美市场增长26%,国际市场下降16% [10][16][17] - 公司预计第四季度票务收入将大幅增长,带动全年票务收入中单位数增长 [26][27] - 公司预计全年EBITDA增长将保持与2019年相当的水平 [40][41][42] 各条业务线数据和关键指标变化 - 演唱会业务方面,公司预计2025年将是一个重要的增长年,演唱会场次和观众数量将大幅增加 [20][22] - 票务业务方面,预计第四季度将有大幅增长,但全年中单位数增长 [26][27] - 赞助业务方面,预计全年将保持10%以上的AOI增长,毛利率维持60%以上的高水平 [57][58][59] 各个市场数据和关键指标变化 - 北美市场演唱会观众数量增长26%,表现强劲 [16][17] - 国际市场演唱会观众数量下降16%,主要受到法国巴黎奥运会的影响 [20][21] 公司战略和发展方向及行业竞争 - 公司预计未来几年行业整体将保持8-9%的年复合增长率,公司有信心保持行业领先地位 [37][38] - 公司将继续专注于全球场馆的拓展,未来一年内将有15个新场馆投入运营,还有75个在建项目 [29][30] - 公司将继续推进国际化战略,最近在南非扩展了票务业务 [31] 管理层对经营环境和未来前景的评论 - 管理层认为行业需求依然强劲,不存在"需求提前"的情况,预计未来几年行业将保持8-9%的年复合增长 [34][35][37][38] - 管理层对公司未来发展前景保持乐观,认为2025年将是一个重要的增长年 [20][22] 其他重要信息 - 公司正在应对司法部的反垄断调查,但对公司日常经营和并购活动没有影响 [28][29][30][31] - 公司今年资本支出有所增加,主要用于新场馆建设,预计投资回报率在20%以上 [46][47][51][52][53] 问答环节重要的提问和回答 问题1 **Stephen Laszczyk 提问** 询问公司各地区和场馆类型的观众数量变化情况,以及对未来需求的看法 [10][11] **Joe Berchtold 回答** - 北美市场观众数量增长26%,国际市场下降16%,主要是由于今年大型体育场演唱会较少 [16][17] - 公司整体观众需求依然强劲,取消演出率维持在历史正常水平,消费者行为也没有异常 [12][13][14][15] - 预计下半年观众数量仍将保持增长,但增长主要集中在第四季度 [18] 问题2 **Brandon Ross 提问** 询问公司在反垄断调查背景下的并购策略 [28] **Joe Berchtold 回答** - 公司日常经营和并购活动没有受到反垄断调查的影响,仍在积极拓展全球场馆业务 [29][30][31] 问题3 **David Karnovsky 提问** 询问公司是否存在"需求提前"的情况 [34] **Joe Berchtold 和 Michael Rapino 回答** - 公司认为"需求提前"的说法不太合理,行业需求依然强劲,未来几年有望保持8-9%的年复合增长 [35][36][37][38]

Live Nation (LYV) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.10%. A quarter ago, it was expected that this ticket seller and concert promoter would post a loss of $0.20 per share when it actually produced a loss of $0.53, delivering a surprise of -165%.Over the last four quarte ...