Live Nation Entertainment LYV will release its quarterly earnings report on Monday, 2024-11-11. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Live Nation Entertainment to report an earnings per share (EPS) of $1.71.
Live Nation Entertainment bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Performance in Previous Earnings
Last quarter the company missed EPS by $0.04, which was followed by a 1.66% increase in the share price the next day.
Here's a look at Live Nation Entertainment's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.07 | -0.19 | -1.03 | 1.27 |
| EPS Actual | 1.03 | -0.53 | -1.22 | 1.78 |
| Price Change % | 2.0% | 7.000000000000001% | 2.0% | 4.0% |
Tracking Live Nation Entertainment's Stock Performance
Shares of Live Nation Entertainment were trading at $124.6 as of November 07. Over the last 52-week period, shares are up 40.23%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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