The 'Fast Money' traders talk Live Nation shares tumbling after hours.
CNBC's Megan Casella with breaking news from the White House lawn.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
LYV is well-positioned for growth in 2025 with high ticket volume and expansion of new venues, which investors can see as a compelling entry point in the year.
I maintain a hold rating on Live Nation Entertainment stock due to its expensive valuation, despite strong growth drivers like venue expansion, ticketing monetization, and sponsorship growth. 4Q24 results showed revenue declined 2.7% y/y, but adj operating income grew ~35% y/y. LYV's aggressive venue expansion and international growth are crucial for predictable, high-margin revenue streams, enhancing its competitive position and growth runway.
Trading in shares of Live Nation Entertainment, Inc. LYV is quiet Wednesday. This follows yesterday's sell-off of 6.5%.
Live Nation President and CFO Joe Berchtold discusses the entertainer's drawing power on 'The Claman Countdown.'
LYV's fourth-quarter 2024 results reflect robust live events demand globally, resulting in increased ticket sales.
Although the revenue and EPS for Live Nation (LYV) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Live Nation Entertainment, Inc. (NYSE:LYV ) Q4 2024 Results Conference Call February 20, 2025 5:00 PM ET Company Participants Amy Yong - 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 Cameron Mansson-Perrone - Morgan Stanley David Karnovsky - JPMorgan Peter Supino - Wolfe Research Peter Henderson - Bank of America Jason Bazinet - Citibank Kutgun Maral - Evercore ISI Operator Good afternoon. My name is John, and I will be your conference operator today.
Live Nation (LYV) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of a loss of $1.19 per share. This compares to loss of $1.22 per share a year ago.
Live Nation Entertainment Inc. reported a dip in fourth-quarter sales Thursday, but that figure still came in above expectations, and the Ticketmaster parent said it expected bigger gains this year amid a jump in concerts at larger venues.