Live Nation Entertainment (LYV) Projected to Post Quarterly Earnings on Thursday

Live Nation Entertainment (NYSE:LYV - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.16) per share and revenue of $3.63 billion for the quarter.

Live Nation Entertainment (NYSE:LYV - Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.93) by $1.49. Live Nation Entertainment had a net margin of 3.90% and a return on equity of 139.09%. The company had revenue of $5.68 billion during the quarter, compared to analyst estimates of $5.67 billion. On average, analysts expect Live Nation Entertainment to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Live Nation Entertainment Price Performance

NYSE LYV traded up $0.23 during trading hours on Friday, reaching $132.95. 1,277,513 shares of the stock traded hands, compared to its average volume of 2,244,059. The company has a debt-to-equity ratio of 6.10, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a 50 day simple moving average of $130.21 and a two-hundred day simple moving average of $131.75. Live Nation Entertainment has a 1 year low of $86.81 and a 1 year high of $157.75. The company has a market cap of $31.03 billion, a price-to-earnings ratio of 48.88, a price-to-earnings-growth ratio of 1.81 and a beta of 1.31.

Insiders Place Their Bets

In other news, Director Jeffrey T. Hinson sold 500 shares of the company's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $122.95, for a total value of $61,475.00. Following the sale, the director now owns 52,624 shares in the company, valued at $6,470,120.80. This represents a 0.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Brian Capo sold 5,066 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $123.24, for a total value of $624,333.84. Following the completion of the transaction, the chief accounting officer now directly owns 10,549 shares of the company's stock, valued at $1,300,058.76. The trade was a 32.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 68,702 shares of company stock valued at $10,497,143. Insiders own 2.72% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Rosenblatt Securities reiterated a "buy" rating and issued a $174.00 target price on shares of Live Nation Entertainment in a research report on Tuesday, April 1st. Roth Mkm lifted their target price on shares of Live Nation Entertainment from $152.00 to $174.00 and gave the company a "buy" rating in a research note on Friday, February 21st. The Goldman Sachs Group lifted their target price on shares of Live Nation Entertainment from $148.00 to $166.00 and gave the company a "buy" rating in a report on Thursday, February 13th. Benchmark reaffirmed a "buy" rating and issued a $178.00 target price on shares of Live Nation Entertainment in a report on Tuesday, April 1st. Finally, Bank of America boosted their price objective on shares of Live Nation Entertainment from $149.00 to $175.00 and gave the company a "buy" rating in a report on Monday, February 24th. Two research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. According to MarketBeat.com, Live Nation Entertainment presently has an average rating of "Moderate Buy" and an average target price of $160.33.

Live Nation Entertainment Company Profile

Live Nation Entertainment, Inc operates as a live entertainment company worldwide. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists.