Live Nation (LYV) Tops Q2 EPS by 10c, Revs Rise 29%
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Price: $88.49 --0%
EPS Growth %: +28.0%
Financial Fact:
Loss (gain) on sale of operating assets: 253K
Today's EPS Names:
WF, CWBC, GLTO, More
EPS Growth %: +28.0%
Financial Fact:
Loss (gain) on sale of operating assets: 253K
Today's EPS Names:
WF, CWBC, GLTO, More
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Live Nation (NYSE: LYV) reported Q2 EPS of $0.29, $0.10 better than the analyst estimate of $0.19. Revenue for the quarter came in at $2.88 billion versus the consensus estimate of $2.37 billion.
- Revenue Up 29% for the Quarter to $2.8 Billion
- Operating Income Up 53% for the Quarter to $113 Million
- Adjusted Operating Income Up 22% for the Quarter to $221 Million
- Net Cash Provided by Operating Activities Increased for the Quarter to $43 Million
- Free Cash Flow — Adjusted Up 42% for the Quarter to $154 Million
- Event-Related Deferred Revenue Up 31% to $1.5 Billion as of June 30
- Concert Tickets Sold for 2017 Shows are Over 68 Million, Up 22% through July
- Sponsorship & Advertising Contracted Net Revenue Up Double Digits through July
- Ticketmaster Fee-Bearing GTV at Constant Currency Up 13% through June
For earnings history and earnings-related data on Live Nation (LYV) click here.
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