Live Nation Entertainment Reports Second Quarter 2020 Results

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Live Nation Entertainment (LYV) Misses Q2 EPS by 59c, Revenues Plunge 98%

August 5, 2020 4:50 PM EDT

Live Nation Entertainment (NYSE: LYV) reported Q2 EPS of ($2.67), $0.59 worse than the analyst estimate of ($2.08). Revenue for the quarter came in at $74.1 million versus the consensus estimate of $268.37 million.

6% of Fans Opting to Keep Tickets for Rescheduled Shows19 Million Tickets Sold to More Than 4,000 Concerts and Festivals Scheduled for 2021$800 Million Cost Reduction Program Target in 2020$1.4 Billion Cash Management Program Target in 2020

Over the past three months, our top priority has been strengthening our financial position to ensure that we have the liquidity and... More