Live Nation Entertainment (LYV) Tops Q4 EPS by 240c, offers outlook

Live Nation Entertainment (NYSE: LYV) reported Q4 EPS of $1.37, $2.40 better than the analyst estimate of ($1.03). Revenue for the quarter came in at $5.84 billion versus the consensus estimate of $4.77 billion.
Outlook:

2024 growth expected to be more weighted toward 2Q and 3Q compared to previous years.
2024 capital expenditures estimated to be $540 million, in line with prior years as a percentage of revenue.

For earnings history and earnings-related data on Live Nation Entertainment (LYV) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• MP Materials seen largely insulated after China export-control move
• Worried the AI trade has gone too far? Evercore likes these 4 stocks