Live Nation Entertainment, Inc. (LYV)
Live Nation Entertainment, Inc. (LYV) Q2 2024 Earnings Call Transcript
Live Nation Entertainment, Inc. (NYSE:LYV ) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Amy Yong - Head of IR Michael Rapino - President & CEO Joe Berchtold - President & CFO Conference Call Participants Stephen Laszczyk - Goldman Sachs Brandon Ross - LightShed Partners David Karnovsky - JPMorgan Cameron Mansson-Perrone - Morgan Stanley Peter Supino - Wolfe Research Barton Crockett - Rosenblatt Securities Operator Greetings, and welcome to the Live Nation Entertainment Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Live Nation (LYV) Q2 Earnings Surpass Estimates
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.
Live Nation misses quarterly profit estimates, shares fall
Ticketmaster-parent Live Nation Entertainment missed analysts' estimates for second-quarter profit on Tuesday, hurt by higher operating expenses, sending its shares down more than 3% in extended trading.
Live Nation says it's winning over casual fans, even as they grapple with higher prices
Even as executives elsewhere say high prices are still squeezing consumers, Ticketmaster parent Live Nation Entertainment Inc. on Tuesday said it was seeing no signs of a slowdown in concert demand, and reported quarterly results that squeaked past Wall Street's expectations.
Live Nation (LYV) Gears Up for Q2 Earnings: What's in Store?
Live Nation's (LYV) second-quarter performance is likely to have benefited from increased demand for live events, a rise in average per-fan spending and a hike in ticket pricing.
Analysts Estimate Live Nation (LYV) to Report a Decline in Earnings: What to Look Out for
Live Nation (LYV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Live Nation Stock Could Drop As JLo Cancels, Ticket Prices Fall 17%
Last month, the Department of Justice sued Live Nation Entertainment alleging antitrust law violations. The lawsuit — which aims for Ticketmaster to be spun off from Live Nation — is unlikely to affect the company's stock price.
Ticketmaster Customer Info at Risk After Reported Hack
Already fighting an antitrust suit, Live Nation is now also dealing with a data breach. The country's biggest ticket seller announced Friday (May 31) that its Ticketmaster system could have been compromised by a hacker who is trying to sell customer information on the dark web.
Live Nation investigating data breach of its US Ticketmaster unit
Cybercrime group ShinyHunters said it had stolen data of 500m customers of concert promoter's ticketing arm
Live Nation probing Ticketmaster hack amid user data leak concerns
Live Nation Entertainment said on Friday it was investigating a data breach at its Ticketmaster unit that it discovered on May 20, the latest in a string of high-profile corporate hacks in the past year.
