Live Nation Entertainment Inc reports results for the quarter ended June 30 - Earnings Summary
Live Nation Entertainment Inc reports results for the quarter ended June 30 - Earnings Summary
Live Nation Entertainment Inc LYV.N reported quarterly adjusted earnings of $1.05 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of twenty analysts for the quarter was for earnings of 66 cents per share. Wall Street expected results to range from 34 cents to 95 cents per share.
Revenue rose 9.4% to $7.67 billion from a year ago; analysts expected $7.55 billion.
Live Nation Entertainment Inc's reported EPS for the quarter was $1.05.
The company reported quarterly net income of $247.9 million.
Live Nation Entertainment Inc shares had risen by 0.2% this quarter and gained 28.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 38.2% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the entertainment production peer group is also "buy"
Wall Street's median 12-month price target for Live Nation Entertainment Inc is $192.00, about 4.4% above its last closing price of $183.56
This summary was machine generated from LSEG data July 31 at 10:19 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.66 | 1.05 | Beat |
Mar. 31 2026 | -0.47 | -1.85 | Missed |
Dec. 31 2025 | -1.01 | -1.06 | Missed |
Sep. 30 2025 | 1.39 | 0.73 | Missed |