The earnings call highlighted strong performance metrics and growth prospects in several areas, including Ticketmaster sales, sponsorships, and venue expansion. However, concerns about foreign exchange impacts and financial revisions introduce some challenges. Overall, the positive aspects significantly outweigh the negatives.

Company Guidance

During Live Nation's Q3 2024 earnings call, the guidance provided highlighted a strong performance outlook, particularly for Ticketmaster and concerts. Ticketmaster sales surged by 15% year-over-year in October, with concert sales up by 23%, driven by an unprecedented level of stadium and arena activity expected to continue into Q1 2025. The company anticipates robust revenue and Adjusted Operating Income (AOI) growth in the concert segment, buoyed by increased activity in arenas and amphitheaters, aligning with 2023 levels for stadiums. Despite potential mid-teens FX impacts on AOI in Q4 due to Latin American market fluctuations, Live Nation expects continued AOI growth in sponsorship, fueled by a 20% increase in strategic partners this year and a focus on expanding premium experiences. Additionally, the company plans significant capital expenditures to support new venue opportunities, forecasting 14 more venues to be operational by the end of 2025, accommodating an additional 8 million fans. Overall, Live Nation remains optimistic about its growth trajectory, driven by strategic initiatives in ticketing, concerts, and sponsorships.

Strong Performance Metrics

Ticketmaster sales were up 15% year-on-year, and concerts were up 23% for October, indicating robust growth in Q4.

Sponsorship Growth

Number of strategic partners increased by 20% this year, with expectations for continued AOI growth in sponsorship driven by globalization and expansion into new markets.

Premium Experience Expansion

Focus on increasing premium offerings, with potential for premium experiences to grow to 20% of show offerings, supporting ongoing revenue growth.

Venue Expansion

Plan to bring 14 more venues online by the end of 2025, accounting for about 8 million incremental fans, demonstrating strategic growth in venue capabilities.

---

Live Nation Entertainment (GB:0JVD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:0JVD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 26, 2018	2018 (Q2)	- / 0.24	0.29	-17.24% (-0.05)	―	―
Nov 01, 2018	2018 (Q3)	- / 0.70	0.53	32.08% (+0.17)	―	―
Feb 28, 2019	2018 (Q4)	- / -0.79	-1.08	26.85% (+0.29)	―	―
May 02, 2019	2019 (Q1)	- / -0.31	-0.24	-29.17% (-0.07)	―	―
Jul 25, 2019	2019 (Q2)	- / 0.41	0.24	70.83% (+0.17)	―	―
Oct 31, 2019	2019 (Q3)	- / 0.71	0.7	1.43% (+0.01)	―	―
Feb 27, 2020	2019 (Q4)	- / -0.83	-0.79	-5.06% (-0.04)	―	―
May 07, 2020	2020 (Q1)	- / -0.94	-0.31	-203.23% (-0.63)	―	―
Aug 05, 2020	2020 (Q2)	- / -2.67	0.41	-751.22% (-3.08)	―	―
Nov 05, 2020	2020 (Q3)	- / -2.45	0.71	-445.07% (-3.16)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

---

GB:0JVD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 11, 2024	$122.22	$129.99	+6.36%
Jul 30, 2024	$94.25	$96.58	+2.47%
May 02, 2024	$89.28	$95.16	+6.58%
Feb 22, 2024	$93.62	$96.27	+2.83%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

---