Live Nation Entertainment Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Live Nation Entertainment, Inc. LYV will release earnings results for its third quarter, after the closing bell on Monday, Nov. 11.

Analysts expect the Beverly Hills, California-based bank to report quarterly earnings at $1.6 per share, down from $1.78 per share in the year-ago period. Live Nation Entertainment projects to report revenue of $7.77 billion for the recent quarter, compared to $6.99 billion a year earlier, according to data from Benzinga Pro.

On July 30, Live Nation Entertainment reported mixed second-quarter financial results, with total revenues gaining 7% year-over-year.

Live Nation Entertainment shares fell 1.3% to close at $123.00 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Deutsche Bank analyst Benjamin Soff maintained a Buy rating and raised the price target from $122 to $130 on Nov. 5. This analyst has an accuracy rate of 64%.
• JP Morgan analyst David Karnovsky maintained an Overweight rating and raised the price target from $118 to $137 on Oct. 24. This analyst has an accuracy rate of 72%.
• Roth MKM analyst Eric Handler maintained a Buy rating and increased the price target from $120 to $132 on Oct. 16. This analyst has an accuracy rate of 71%.
• Seaport Global analyst David Joyce maintained a Buy rating and raised the price target from $115 to $133 on Oct. 15. This analyst has an accuracy rate of 69%.
• Macquarie analyst Paul Golding maintained an Outperform rating and increased the price target from $125 to $130 on Oct. 8. This analyst has an accuracy rate of 74%.

Considering buying LYV stock? Here’s what analysts think:

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