Live Nation Entertainment (NYSE:LYV) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:07 PM.
Here’s what investors need to know about the announcement.
Earnings
Live Nation Entertainment missed estimated earnings by 160.98%, reporting an EPS of $-0.25 versus an estimate of $0.41.
Revenue was up $1.32 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.17 which was followed by a 10.08% drop in the share price the next day.
Here’s a look at Live Nation Entertainment’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.92 | 1.03 | 0.51 | -0.79 |
| EPS Actual | -1.09 | 1.39 | 0.66 | -0.39 |
| Revenue Estimate | 3.60B | 5.10B | 3.97B | 1.90B |
| Revenue Actual | 4.29B | 6.15B | 4.43B | 1.80B |
To track all earnings releases for Live Nation Entertainment visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
