Concerns have grown about concert-ticket sales. But Ticketmaster parent and concert-industry giant Live Nation Entertainment Inc. is seeing none of it.
Live Nation Entertainment's second-quarter results missed expectations and reiterated an underwhelming profit story. Despite dominating the live event industry, Live Nation's business model is not generating consistent earnings for investors. LYV stock valuation remains detached from reality, with no material profits to speak of and constant dilution of shareholders.
Live Nation Entertainment, Inc. (NYSE:LYV ) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Amy Yong - Head of IR Michael Rapino - President & CEO Joe Berchtold - President & CFO Conference Call Participants Stephen Laszczyk - Goldman Sachs Brandon Ross - LightShed Partners David Karnovsky - JPMorgan Cameron Mansson-Perrone - Morgan Stanley Peter Supino - Wolfe Re...
Ticketmaster-parent Live Nation Entertainment missed analysts' estimates for second-quarter profit on Tuesday, hurt by higher operating expenses, sending its shares down more than 3% in extended trading.
Even as executives elsewhere say high prices are still squeezing consumers, Ticketmaster parent Live Nation Entertainment Inc. on Tuesday said it was seeing no signs of a slowdown in concert demand, and reported quarterly results that squeaked past Wall Street's expectations.
LOS ANGELES , July 30, 2024 /PRNewswire/ -- "We continue to see strong demand globally, with a growing variety of shows attracting both casual and diehard fans who are buying tickets at all price points, which speaks to the unique experience only live concerts can provide. Venue Nation's strategic investments in hospitality and infrastructure are driving strong returns as more attendees maximiz...
LOS ANGELES , July 16, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, will release its second quarter financial results after market hours on Tuesday, July 30, 2024. Michael Rapino, Live Nation Entertainment's President and Chief Executive Officer, will host a teleconference that day at 2:00 p.m.
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