Revenue segments as reported by the company.

Concerts

Ticketing

Sponsorship & Advertising

Other and Eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Direct operating expenses

Selling, general and administrative

Depreciation and amortization

Loss (gain) on disposal of operating assets

Corporate expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Live Nation

Live Nation Entertainment, Inc. operates as an entertainment company. The firm engages in producing, marketing, and selling live concerts for artists via its global concert pipe. It operates through the following segments: Concerts, Sponsorship and Advertising, and Ticketing. The Concerts segment is involved in the promotion of live music events in owned or operated venues and in rented third-party venues. The Sponsorship and Advertising segment manages the development of strategic sponsorship programs in addition to the sale of international, national, and local sponsorships and placement of advertising such as signage, promotional programs, rich media offerings, including advertising associated with live streaming and music-related content, and ads across its distribution network of venues, events, and websites. The Ticketing segment is involved in the management of the global ticketing operations, including providing ticketing software and services to clients, and consumers with a marketplace, both online and mobile, for tickets and event information. The Ticketing segment also operates the firm's primary ticketing website, www.ticketmaster.com. The company was founded in 1996 and is headquartered in Beverly Hills, CA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Live Nation (LYV) reports strong 2022 performance and anticipates record 2023

Live Nation's 2022 performance showcased robust revenue growth, driven by strong demand for live events and successful initiatives in ticketing and sponsorship. While facing challenges related to reopening costs and regulatory discussions, the company remains optimistic about returning to normal business operations in 2023 and leveraging opportunities for further growth.

Live Nation reports record Q1 results, eyes global expansion

Live Nation's Q1 2023 showed strong performance with record revenue and AOI across all divisions.
The company faces challenges in scalability, international market transitions, and pricing uncertainties.
Opportunities lie in expanding venues, leveraging technology, and driving fan engagement for growth.
Overall, Live Nation remains optimistic about continued growth and industry capture in 2023 and beyond.

Live Nation reports strong Q2 performance with international growth opportunities

Live Nation's Q2 2023 Earnings Call showcased robust performance, strategic strengths in acquisitions and pricing initiatives, challenges in consumer spending concerns, and opportunities for growth through international expansion and sponsorship strategies.

Live Nation reports strong Q3 performance amidst growth opportunities

Live Nation's Q3 performance reflected strong global demand for concerts and robust ticket sales.
The company faces challenges related to the DOJ investigation, legislative impact, and sustaining revenue growth.
Opportunities lie in upcoming investor presentations, double-digit growth expectations, and expanding venue additions.
Overall, Live Nation remains confident in its business model and poised for future growth opportunities.

Live Nation reports robust Q4 earnings, eyes amphitheater expansion

Live Nation's Q4 earnings call highlighted strong financial performance, emphasizing revenue growth drivers and strategic initiatives for future expansion. Despite challenges in consumer pricing and regulatory scrutiny, the company remains focused on capitalizing on growth opportunities and maintaining profitability.

Live Nation reports strong Q1 performance amidst legal challenges

Live Nation's Q1 2024 earnings call highlighted strong performance in ticket sales and sponsorship growth, despite potential legal challenges and operational factors impacting margins. The company's strategic focus on niche festivals, venue partnerships, and hyper-local strategies presents opportunities for continued growth and international expansion.

Live Nation (LYV) reports strong Q2 performance and eyes stadium growth in 2025

Live Nation's Q2 2024 performance showcased strong consumer demand and growth prospects, particularly in the concert segment and stadium expansion.
While facing challenges such as the DOJ lawsuit impact and post-COVID demand normalization concerns, the company is focused on capitalizing on opportunities for sustained growth.
Insights on Ticketmaster's success, margin dynamics, and sponsorship revenue highlight Live Nation's strategic focus on business performance and growth strategies.
Overall, Live Nation's earnings call emphasized a positive outlook with a strong performance in key segments and a focus on strategic growth initiatives.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Since the recent Liberty Live spin-off, Live Nation shareholders need to decide which ticker they prefer to invest in. Tracking stocks, the NAV discount, potential catalysts to close the discount – there are many questions to ponder. In this article, I will answer the main questions regarding the new, rather complex situation.

Live Nation Vs. Liberty Live: Which One Should You Own?

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Live Nation (LYV) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Live Nation (LYV) Is Still a Bargain Stock

Live Nation and its Ticketmaster subsidiary are being investigated after concerns about issues of sales of Taylor Swift and Bruce Springsteen concert tickets.

Senate committee subpoenas Live Nation, Ticketmaster after months-long probe

Live Nation and its subsidiary Ticketmaster is being sent a subpoena for documents regarding ticket pricing, fees and secondary sales, a U.S. Senate panel said on Monday.

Live Nation issued subpoena regarding ticketing, fees by US Senate panel

Caesars Entertainment

LAS VEGAS--(BUSINESS WIRE)--Due to overwhelming fan demand, Caesars Entertainment and Live Nation have asked Garth Brooks to add 18 new 2024 dates for his Las Vegas residency, Garth Brooks/Plus ONE, at The Colosseum at Caesars Palace. “My experience working with the family and crew at Caesars and the audiences of the residency has been next level. I couldn't have picked a better place to play or better people to play for,” said Garth Brooks. Garth Brooks/Plus ONE gives fans the opportunity to s.

Caesars Entertainment and Live Nation Ask Garth Brooks to Add 18 New Dates in 2024

Charter Communications

Comcast

Twenty-First Century Fox

News Corp

Paramount Global

AT&T

T-Mobile US

Verizon

Warner Bros Discovery Inc

The Communications Services sector of the S&P 500 is a mixed bag of companies growing revenue quickly and others with business models that are mature or undergoing transformation. Some of the latter have been crushed this year, but that could underline opportunities for 2024.

10 media stocks expected by Wall street analysts to rise as much as 60% in 2024

The consensus price target hints at a 25.3% upside potential for Live Nation (LYV). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe Live Nation (LYV) Could Rally 25.25%: Here's is How to Trade

Enact Holdings

Alamo Group

Axalta Coating Systems

Universal Stainless & Alloy Products

LYV, USAP, AXTA, ACT and ALG have been added to the Zacks Rank #1 (Strong Buy) List on November 9, 2023.

New Strong Buy Stocks for November 9th

Airbnb

Intel

On the surface, Airbnb Inc. NASDAQ: ABNB, Intel Corp. NASDAQ: INTC and Live Nation Entertainment Inc. NYSE: LYV don't seem to have much in common. However, all three recently trounced profit views, despite facing vastly different industry situations.

Profits soar as Airbnb, Intel, Live Nation trounce forecasts

Assurant

Allstate

Clorox

DTE Energy

Insulet

Earnings from S&P 500 companies are coming in much stronger than expected for the third quarter. But some of the beats are amazing.

9 Companies' Profit Completely Blasts Past Analysts' Estimates

Are soaring prices a result of supply and demand, or anticompetitive agreements between artists, ticket sellers and venues? The DOJ is investigating alleged monopolistic practices.

What To Know About The U.S. Justice Department's Investigation Into Live Nation

Oxygen Esports-Owned Boston Breach Welcomes Call of Duty League® Franchises and Fans to Boston for the First Major of the 2024 Season FOXBOROUGH, Mass., Nov. 6, 2023 /PRNewswire/ --  Oxygen Esports  (OXG), the largest esports organization in New England announced today that they will host the first Call of Duty League® (CDL) Major tournament of the 2024 season in partnership with Live Nation at MGM Music Hall at Fenway.

Oxygen Esports Announces Call of Duty League® 2024 Major I Tournament to be Held in Partnership with Live Nation at MGM Music Hall at Fenway

Electronic Arts

Hilton Worldwide Holdings

InterContinental Hotels Group

Lululemon Athletica

We have narrowed our search to five consumer discretionary stocks that have strong growth potential for the rest of 2023. These are: LULU, HLT, IHG, EA, LYV.

5 Consumer Discretionary Stocks to Buy for the Rest of 2023

Live Nation's (LYV) third-quarter 2023 results reflect impressive growth in fan demand, live events and robust ticket sales globally.

Live Nation's (LYV) Q3 Earnings & Revenues Top Estimates, Up Y/Y

While the top- and bottom-line numbers for Live Nation (LYV) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Live Nation (LYV) Q3 Earnings: A Look at Key Metrics

Live Nation Entertainment, Inc. (NYSE:LYV ) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Amy Yong - Head, Investor Relations Michael Rapino - President and CEO Joe Berchtold - President and CFO Conference Call Participants Brandon Ross - LightShed Partners Stephen Laszczyk - Goldman Sachs David Karnovsky - JPMorgan Ashton Welles - Evercore ISI David Joyce - Seaport Research Operator Good afternoon. My name is John, and I will be your conference operator today.

Live Nation Entertainment, Inc. (LYV) Q3 2023 Earnings Call Transcript

Ticketmaster parent Live Nation Entertainment beat market estimates for third-quarter revenue on Thursday benefiting from high ticket prices and surging concert demand.

Ticketmaster parent Live Nation beats revenue estimates on surging concert demand

Live Nation Entertainment Inc saw its third-quarter 2023 revenue soar 32% to $8.2 billion, boosted by blockbuster tours from Taylor Swift and Beyoncé.  Its earnings per share (EPS) for the period, meanwhile, increased 28% to $1.78.

Live Nation 3Q results smash past estimates on Taylor Swift and Beyoncé shows

Shares of Live Nation Entertainment Inc. LYV, +2.54% rose nearly 4% in the extended session Thursday after the Ticketmaster operator said it delivered its “strongest quarter ever” as it rode a shift in people's spending toward experiences and its global reach grew. Live Nation earned $483.5 million, or $1.78 a share, in the quarter, compared with $361.4 million, or $1.39 a share, in the year-ago period.

Live Nation has ‘strongest quarter ever,' with revenue up more than 30% and 140 million tickets sold

The company reported third-quarter earnings of $1.78 a share, beating estimates for $1.26 a share.

Live Nation Earnings Show Concert Demand Is Still Strong

Live Nation's revenue surged on high prices, pent-up demand and blockbuster tours from superstars Taylor Swift and Beyonce.

Ticketmaster parent Live Nation posts blowout earnings as Taylor Swift, Beyonce dominate

LOS ANGELES , Nov. 2, 2023 /PRNewswire/ -- "Today we delivered our strongest quarter ever and are on pace for a record 2023, driven in good part by the acceleration of structural growth in the live entertainment industry. While we have benefitted from tailwinds for many years, it has accelerated due to the globalization of our business along with a fundamental shift in consumer spending habits toward experiences.

Live Nation Entertainment Reports Third Quarter 2023 Results

Mastercard

PURCHASE, N.Y. & LOS ANGELES--(BUSINESS WIRE)-- #PricelessExperiences--Mastercard partners with Live Nation to bring exclusive music benefits to millions of cardholders in 19 markets across Asia-Pacific and Europe.

Mastercard Partners With Live Nation to Offer Exclusive Live Music Benefits and Experiences for Cardholders Around the World

The U.S. Justice Department's investigation into Live Nation is focusing on whether the company uses anticompetitive agreements with venues and artists, The Wall Street Journal reported on Wednesday, citing people familiar with the matter.

US Justice department probes Live Nation's agreements with venues, artists -WSJ

Live Nation's (LYV) Q3 performance will likely benefit from pent-up demand for live events, robust ticket sales and strong sponsorship growth. Yet, high costs are a concern.

News for Live Nation Stock (LYV)