Categories Earnings, Leisure & Entertainment
Earnings Summary: Highlights of Live Nation’s Q3 2024 results
Live Nation Entertainment, Inc. (NYSE: LYV), a leading entertainment company that produces and promotes live music events and concerts, reported financial results for the third quarter of 2024.
- Third-quarter revenue decreased 6% to $7.7 billion from $8.15 billion in Q3 2023
- Consolidated operating income decreased to $640 million in Q3 from $653.7 million in the year-ago period
- Adjusted operating income was $910 million in the September quarter, vs. $871.2 million a year earlier
- Third quarter net income decreased to $451.8 million or $1.66 per share from $521.5 million or $1.93 per share in the comparable quarter a year earlier
- The company recorded its highest-ever concert profitability in Q3, with an adjusted operating income of $474 million
- Around 144 million tickets were sold for 2024 Live Nation concerts, through October, which is up 3%
- October transacted ticket sales for Ticketmaster are up 15% on all ticket volume and up 23% for concert events
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Hewlett Packard reports higher Q4 2024 revenue and profit; results beat estimates
Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) Thursday reported higher revenues and adjusted earnings for the fourth quarter of 2024. October-quarter profit, excluding one-off items, moved up to
Main highlights from the Dollar General (DG) Q3 2024 earnings report
Shares of Dollar General Corporation (NYSE: DG) dropped over 3% on Thursday after the company delivered mixed results for the third quarter of 2024 and updated its guidance for the
Signet Jewelers (SIG) Q3 2025 Earnings: Key financials and quarterly highlights
Signet Jewelers Limited (NYSE: SIG) reported its third quarter 2025 earnings results today. Sales of $1.3 billion were down 3.1% compared to the same period last year. Sales were down