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Stock impact report

Live Nation (NYSE:LYV) Beats Q1 Sales Targets [Yahoo! Finance]

Live Nation Entertainment, Inc. (LYV) 
Last live nation entertainment, inc. earnings: 10/31 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
It made a GAAP loss of $0.53 per share, down from its loss of $0.25 per share in the same quarter last year. Is now the time to buy Live Nation? Find out in our full research report Live Nation (LYV) Q1 CY2024 Highlights: Revenue: $3.8 billion vs analyst estimates of $3.24 billion (17.4% beat) EPS: -$0.53 vs analyst estimates of -$0.18 (-$0.35 miss) Gross Margin (GAAP): 30.3%, down from 32.4% in the same quarter last year Free Cash Flow of $71.5 million, up 77.4% from the previous quarter Events: Market Capitalization: $20.66 billion Michael Rapino, President and CEO of Live Nation Entertainment, said, "Our Q1 results demonstrate that live events remain a priority for fans around the world. Global fan demand is stronger than ever, more artists are out on the road, and more venues are being added to bring them together. While operating income will be impacted by one-time accruals, we're on track to deliver another record year with double-digit AOI growth and years of Show less Read more
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