Recap: Live Nation Entertainment Q1 Earnings

Live Nation Entertainment 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.

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LYVLive Nation Entertainment Inc
$144.150.08%

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