Live Nation (LYV) Tops Q3 EPS by 1c

Live Nation (NYSE: LYV) reported Q3 EPS of $0.49, $0.01 better than the analyst estimate of $0.48. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $2.81 billion.

According to David Foss, President and CEO, "We are pleased to report another quarter with record revenue and earnings along with organic growth slightly ahead of our guidance. Our combined sales teams ended the quarter ahead of plan, which is a good indicator to begin the year after the strong sales quarter we experienced in Q4 FY'16. We had two very successful client education conferences in the last two months for our Jack Henry Banking and Symitar brands, with record attendance by existing customers and over forty new core prospects attending between the two conferences."

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

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