Live Nation Entertainment Q2 2024 GAAP EPS $1.03 Misses $1.06 Estimate, Sales $6.023B Beat $6.018B Estimate
Portfolio Pulse from Benzinga Newsdesk
Live Nation Entertainment (NYSE:LYV) reported Q2 2024 GAAP EPS of $1.03, missing the $1.06 estimate, but sales of $6.023B beat the $6.018B estimate. Sales increased by 6.96% year-over-year.
July 30, 2024 | 8:10 pm
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Live Nation Entertainment reported Q2 2024 GAAP EPS of $1.03, missing the $1.06 estimate, but sales of $6.023B beat the $6.018B estimate. Sales increased by 6.96% year-over-year.
The mixed earnings report, with EPS missing estimates but sales beating expectations and showing a year-over-year increase, is likely to have a neutral short-term impact on LYV's stock price. Investors may weigh the positive sales growth against the EPS miss.
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