Live Nation (LYV) Reports Q4 Revenues Beat
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Financial Fact:
Net income (loss) attributable to noncontrolling interests: 21.68M
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Live Nation (NYSE: LYV) reported Q4 revenue for the quarter came in at $2.89 billion versus the consensus estimate of $2.8 billion.
2020 Outlook
In summary, 2019 was another strong year for Live Nation – building our global concerts business and driving growth in our high-margin venue, sponsorship and ticketing businesses.
Looking at 2020, we believe that our double-digit fan and show count growth so far this year against a backdrop of very high artist activity across all venue types and markets sets up our flywheel to deliver another year of strong global growth.
Michael RapinoPresident and Chief Executive OfficerLive Nation Entertainment, Inc.
For earnings history and earnings-related data on Live Nation (LYV) click here.
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