Live Nation (LYV) Tops Q1 EPS by 11c

Live Nation (NYSE: LYV) reported Q1 EPS of ($0.22), $0.11 better than the analyst estimate of ($0.33). Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.26 billion.

• Revenue Up 17% for the Quarter to $1.4 Billion
• Operating Income Improves 36% for the Quarter to $(21) Million
• Adjusted Operating Income Up 25% for the Quarter to $92 Million
• Concert Ticket Sales for 2017 Shows of 46 Million, Up 25% through April
• Sponsorship & Advertising Contracted Net Revenue Up Double Digits through April
• Ticketmaster Fee-Bearing GTV at Constant Currency Up 18% through First Quarter

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

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