Live Nation's Revenue Funnels Deliver a Half-Billion-Dollar Beat
LYVLive Nation Entertainment(LYV) MarketBeat·2024-05-15 19:45

Key Points Live Nation is the world’s largest live entertainment company and owns the world's largest ticketing services company, Ticketmaster. The company reported a Q1 GAAP EPS loss of 53 cents, but revenues surged 21.5% YoY, beating consensus analyst estimates by a whopping $520 million. Live Nation continues to ride the insatiable demand for live entertainment, with fans growing 21% YoY, sponsorship revenues rising 24% YoY, and arena fan attendance rising 40% YoY. 5 stocks we like better than Live Natio ...