LYV

Michael Rowles, executive vice president and general counsel of Live Nation Entertainment, Inc. (NYSE:LYV), disposed of 1,084 shares on August 6, according to a recent SEC Form 4 filing. Transaction value based on SEC Form 4 weighted average sale price ($181.77); post-transaction value based on the August 6 market close ($181.77). What initiated this stock disposition?The transaction was non-discretionary and performed to cover tax liabilities associated with the vesting of restricted stock grants, rather than a voluntary market sale, and does not reflect a change in the insider's investment outlook. How much equity does Rowles retain in the company?Following this filing, Rowles maintains a direct position of 200,806 shares, representing a 0.09% ownership stake in the $42.3 billion company. What is the current valuation context for these holdings?The remaining direct stake is valued at $36.5 million based on the August 6 market close of $181.77, a period during which the stock has achieved a 22% one-year return. What are the core business segments of the issuing company?Live Nation Entertainment operates as a global leader in live entertainment across three primary segments: Concerts, Ticketing, and Sponsorship & Advertising, reporting trailing-12-month revenue of $26.3 billion. Live Nation Entertainment operates three primary business segments—Concerts, Ticketing, and Sponsorship & Advertising—generating revenue through the organization and promotion of live musical performances, ticket sales, and brand partnerships across its global entertainment platform. The company's business model leverages its extensive portfolio of owned or managed venues and festivals, combined with its dominant ticketing infrastructure, to capture value across the entire live entertainment ecosystem from event production through consumer transactions. Live Nation serves a diverse customer base, including concert promoters, artists, venues, corporate sponsors, and consumers seeking live entertainment experiences, positioning itself as an essential intermediary in the global live events market. Live Nation Entertainment is a global leader in live entertainment with a market capitalization of $42.3 billion as of August 6, 2026. The company's integrated business model—spanning concert promotion, ticketing operations, and sponsorship services—provides significant competitive advantages through vertical integration and network effects. With TTM revenue of $26.3 billion, Live Nation maintains a dominant market position in the live entertainment sector, supported by its extensive venue portfolio and proprietary ticketing platform. This filing is just a tax withholding and carries no signal by itself. More importantly, the business is running hot. Live Nation grew second-quarter revenue 9% to $7.7 billion, drew nearly 49 million fans, and booked a record $6.4 billion in tickets for shows not yet held. Meanwhile, the legal cloud that hung over it for two years has largely lifted. The Justice Department settled its monopoly case in March without forcing a breakup of Ticketmaster, and Live Nation stays intact, but there’s still lingering uncertainty: A coalition of states that rejected the deal won a jury verdict in April and is pursuing damages, saying the firm overcharged $1.72 per concert ticket in higher fees. The back and forth between the parties is ongoing, and the result is still unclear. Investors should keep an eye on how that legal issue pans out, but also keep in mind that shares have recovered well from recent lows late last year to hit record highs in the past month alone. Before you buy stock in Live Nation Entertainment, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Live Nation Entertainment wasn’t one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $399,724!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,374,595!* That performance is why people listen. With a track record of beating the S&P 500 by 4x, Stock Advisor offers a distinct advantage. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built for the long haul. See the 10 stocks » *Stock Advisor returns as of August 8, 2026. Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool recommends Live Nation Entertainment. The Motley Fool has a disclosure policy. Live Nation Drew 49 Million Fans Last Quarter. Its General Counsel's Stock Just Vested was originally published by The Motley Fool

Live Nation Entertainment, Inc. LYV reported second-quarter 2026 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased year over year.Live Nation’s performance benefited from strong global demand for live events, record second-quarter attendance and solid Ticketmaster growth. International markets supported expansion across the company’s operating segments, while concert profitability was affected by show timing and venue investments. The company reported earnings of $1.05 per share, which surpassed the Zacks Consensus Estimate of 59 cents by 77.97%. The figure increased 156.1% from 41 cents reported in the year-ago quarter. Live Nation Entertainment, Inc. price-consensus-eps-surprise-chart | Live Nation Entertainment, Inc. Quote Revenues of $7.67 billion beat the consensus mark of $7.53 billion by 1.8%. The top line increased 9.4% year over year. Operating income rose 7.2% to $521.9 million, while adjusted operating income increased 2.3% to $817 million. Concerts: Segmental revenues totaled $6.44 billion, up 8.4% year over year. Fan count increased 10% to nearly 49 million, marking the company’s highest second-quarter attendance. International attendance at stadiums, arenas and festivals increased more than 20%.Concerts adjusted operating income declined 13.7% to $309.6 million. Results were affected by the timing of stadium shows, venue pre-opening costs and investments in new international festivals. Event-related deferred revenues rose 25% to a record $6.4 billion.Ticketing: Revenues amounted to $852.2 million, up 14.7% from the prior-year quarter. Adjusted operating income increased 14.1% to $331 million.Ticketmaster sold 90 million fee-bearing tickets, up 8%. Concert ticket volume advanced 11% and accounted for 90% of the overall ticket-volume increase. Fee-bearing gross transaction value rose 15% to more than $10 billion, while deferred service-fee revenues increased 23% to $390 million.Sponsorship & Advertising: Revenues totaled $383 million, up 12.5% year over year. Adjusted operating income increased 12.9% to $256.9 million.International markets and the expanding venue and festival portfolio supported growth. The number of strategic partners generating more than $1 million in annual revenues increased more than 20%. The company had booked 95% of its 2026 sponsorship commitments. Live Nation’s cash and cash equivalents totaled $9.07 billion as of June 30, 2026, up from $7.09 billion at the end of 2025. Deferred revenues increased to $7.33 billion from $4.46 billion over the same period.For the six months ended June 30, 2026, net cash provided by operating activities was $2.76 billion compared with $1.54 billion in the prior-year period. Purchases of property, plant and equipment totaled $598.5 million, up from $434.2 million a year earlier. The company expects full-year fan attendance to increase 10%. Attendance at operated venues is projected to grow at a double-digit rate, while attendance at third-party venues is expected to rise at a high-single-digit pace.Concerts revenues and adjusted operating income are expected to increase at a double-digit rate, with most of the year-over-year profit improvement anticipated in the fourth quarter. Ticketmaster adjusted operating income is projected to grow at a mid-single-digit rate, while Sponsorship adjusted operating income is expected to advance double digits.Live Nation expects full-year capital expenditures of $1.1 billion, toward the lower end of its initial range. Approximately $800 million is allocated to venue expansion and enhancement projects. The pipeline includes more than 25 large venues scheduled to open through 2027, providing capacity for 15 million incremental fans on a run-rate basis. Live Nation currently carries a Zacks Rank #5 (Strong Sell).Some better-ranked stocks from the Zacks Consumer-Discretionary sector are Life Time Group Holdings, Inc. LTH, The Marcus Corporation MCS and AMC Entertainment Holdings, Inc. AMC.Life Time Group presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here. Life Time Group delivered a trailing four-quarter earnings surprise of 10.9%, on average. The stock has surged 66.3% in the year-to-date period. The Zacks Consensus Estimate for LTH’s 2026 sales and EPS implies growth of 11.3% and 18.1%, respectively, from the year-ago levels. Marcus currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings miss of 40.4%, on average. The stock has gained 91.5% in the year-to-date period.The Zacks Consensus Estimate for Marcus’ 2026 sales and EPS indicates growth of 6.2% and 211.8%, respectively, from the year-ago period’s levels.AMC Entertainment presently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The stock has rallied 77.6% in the year-to-date period.The Zacks Consensus Estimate for AMC Entertainment’s 2026 sales and EPS indicates an increase of 13.3% and 77.1%, respectively, from the year-ago levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report Marcus Corporation (The) (MCS) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Live Nation Entertainment, Inc. LYV has rallied sharply, with shares up 21.2% over the past year and recently trading at $183.56. The move reflects resilient demand for live events and a sizable second-quarter earnings beat.Yet the valuation case is less straightforward. Estimate cuts, higher debt, legal exposure and a price target below the recent market price argue for a more cautious view. Live Nation reported second-quarter 2026 earnings of $1.05 per share, surpassing the Zacks Consensus Estimate of 59 cents by nearly 78%. Revenues rose 9.4% year over year to $7.67 billion. Live Nation Entertainment, Inc. price-consensus-chart | Live Nation Entertainment, Inc. Quote Operating income increased 7.2% to $521.9 million, while adjusted operating income rose 2.3% to $817 million. Concerts revenue grew 8.4%, but Concerts adjusted operating income declined 13.7% due to stadium show timing, venue pre-opening costs and new international festivals. LYV trades at 1.48X forward 12-month sales, above its five-year median of 1.19X. That premium matters because the stock has already reflected much of the optimism around demand strength and Ticketmaster growth.The recent stock price of $183.56 also sits above the $156 price target, which reflects a 1.25X forward 12-month sales multiple. Madison Square Garden Entertainment Corp. MSGE offers a closer live-entertainment venue comparison, while Sphere Entertainment Co. SPHR gives investors another event-driven media and entertainment reference point. The earnings-revision trend is a key concern. The current fiscal-year earnings estimate has declined 14.1% over the past four weeks and 32.8% over the past 12 weeks.That weakens the case for chasing the stock after one strong quarter. A large earnings surprise can improve sentiment, but falling estimates suggest analysts are still weighing cost pressure, legal risk and second-half execution requirements. Live Nation ended June 30, 2026, with total debt, net of discounts and issuance costs, of $9.2 billion, up from $8.2 billion at year-end 2025. The current portion of debt rose to nearly $3.0 billion from $587.6 million.Interest expense increased to $187.8 million in the first half from $152.4 million a year earlier. The company also recorded a $450 million legal accrual, while unresolved antitrust and ticket-pricing proceedings could add costs, penalties or operational restrictions. The bottom line is that LYV’s operating demand remains strong, but the stock’s valuation already embeds a meaningful amount of optimism. The gap between the recent price and the $156 target supports a defensive stance.LYV currently carries a Zacks Rank #5 (Strong Sell), which aligns with negative estimate momentum over the near term. Its Value Score of F and Momentum Score of F also temper the investment case for investors focused on valuation discipline and recent trading quality.The Growth Score of A recognizes Live Nation’s longer-term expansion profile, while the VGM Score of B presents a more mixed picture across value, growth and momentum factors. For now, the unfavorable Rank and weaker Value and Momentum Scores outweigh the earnings beat for near-term investors.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report Madison Square Garden Entertainment Corp. (MSGE) : Free Stock Analysis Report Sphere Entertainment Co. (SPHR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in Live Nation Entertainment, Inc.? Here are five stocks we like better. Live Nation raised its full-year outlook for fan attendance, revenue and adjusted operating income, expecting double-digit growth followed by margin expansion. Management cited strong consumer demand, higher on-site spending and a low 1.1% cancellation rate. Growth is expected to accelerate in the second half, with double-digit U.S. and international fan growth and amphitheater attendance particularly strong. Deferred ticket revenue provides visibility into upcoming results. Venue expansion and Ticketmaster growth remain key catalysts: Live Nation raised its Ticketmaster AOI-growth forecast to the mid-single digits and plans to add capacity for roughly 15 million fans through acquisitions and construction projects in 2026–2027. 3 Big Earnings Misses: Is It Time to Buy the Dip? Live Nation Entertainment (NYSE:LYV) executives said demand for live music remained strong across markets and venue types during the company’s second-quarter 2026 earnings call, with management raising its expectations for full-year fan growth, revenue, adjusted operating income and margin expansion. President and CEO Michael Rapino said the company has not seen signs of a consumer pullback in concert spending. He said fan counts were up more than 10% across international and U.S. markets, spanning clubs, amphitheaters, arenas and stadiums. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now Rocking the Charts: Why Live Nation Could Hit New Highs “We’re seeing consumers buy at record levels,” Rapino said, adding that Live Nation expects 2026 to be another record year after several prior record years. Rapino also pointed to higher on-site spending at the company’s owned and operated venues. Food and beverage sales, liquor sales and premium ticket purchases were all up year over year, he said. Live Nation’s cancellation rate was 1.1%, below its historical average of 1.6%, according to Rapino. → Microsoft Just Flipped the AI Spending Narrative Overnight Live Nation’s Revenue Funnels Deliver a Half-Billion-Dollar Beat President and CFO Joe Berchtold said Live Nation now expects double-digit growth in fan attendance, revenue and adjusted operating income, or AOI, for the full year, followed by margin expansion. The company’s first-half U.S. performance was affected by stadium availability during the second quarter and early third quarter, he said, resulting in more of the anticipated U.S. fan growth occurring later in the year. Berchtold said the company expects double-digit U.S. fan growth in both the third and fourth quarters, while international fan growth is also expected to remain in the double digits during both periods. → Carrier Earnings Could Send the Stock to a New All-Time High He said deferred revenue gives management confidence in its outlook because tickets for many upcoming events have already been sold. Faster growth in operated venues relative to third-party venues is expected to support margin expansion, he added. Amphitheaters have been a particular area of strength. Berchtold said attendance at those venues was up by double digits in the first half, with roughly 70% of expected annual growth anticipated in the second half. He described 2026 as the company’s best year yet for amphitheaters. On-site spending has increased across food, beverages and premium offerings, according to management. Live Nation has introduced lower-cost food and beverage options, as well as new company-developed products. New amphitheaters have performed well, particularly in premium categories, Berchtold said. Berchtold said Ticketmaster’s second-quarter performance led Live Nation to raise its full-year expectation for Ticketmaster AOI growth to the mid-single digits. He said the ticketing business is benefiting from global concert growth, more events at arenas and stadiums, international expansion and additional venue capacity. Ticketmaster’s fee-bearing ticket count in the U.S. has increased at a high-single-digit rate so far this year, despite relatively limited additions of new U.S. venues, Berchtold said. He attributed that growth to greater activity and utilization at existing venues. Internationally, Ticketmaster is expanding in Latin America and Asia-Pacific, where Berchtold said the platform has been able to establish itself as a technology leader. He said Live Nation operates in six Latin American markets and six Asia-Pacific markets. Management also discussed the company’s Spotify Reserved arrangement, which began in May with a Role Model tour offering. Rapino said Live Nation views Spotify as a distribution and discovery partner rather than a ticketing competitor. Under the arrangement, Spotify compensates Live Nation for access to a limited allocation of presale inventory. Rapino said the company evaluates such arrangements similarly to its partnerships with companies including Verizon, Citi, Facebook, Snapchat and Groupon. The goal is to expand discovery and reach consumers directly while retaining control of the ticket transaction, he said. “Our job is to sell every one of them,” Rapino said of tickets, noting that the company seeks distribution partners especially for the majority of shows that do not sell out. Live Nation has completed three arena acquisitions during 2026: Impact Arena in Bangkok, Forum di Milano in Milan, and Movistar in Buenos Aires. Berchtold said the company expects to add another four or five venues before the end of 2027. Between construction projects and acquisitions, Live Nation expects to add capacity for approximately 15 million fans between 2026 and 2027. Acquired venues can generally ramp bookings and fan counts relatively quickly, Berchtold said, while sponsorship gains may take longer depending on existing contracts. Newly built venues typically take about two years after completion to reach full fan-count and sponsorship potential, he said. Berchtold said the company’s increased capital expenditure in 2024 and 2025 is likely to have its more meaningful impact in 2028, as larger construction projects are completed and mature. Acquisitions are expected to provide a more immediate growth catalyst in 2027. Rapino highlighted Japan and Latin America as longer-term growth opportunities. He described Japan as a more than $1 billion live-events market where Live Nation currently has a small share, and said the company has found a local partner to support its plans there. In Latin America, Rapino said the company remains in the “early innings,” particularly in Brazil. Live Nation announced an arena in São Paulo and has disclosed other Latin American arena projects, though Rapino said those facilities remain some time away from operation. Looking toward 2027, Rapino said the company already has a significant percentage of bookings in place and sees an encouraging early calendar across stadiums, arenas and amphitheaters. Berchtold declined to provide a specific 2027 fan-growth forecast, calling it premature. Live Nation Entertainment is a global live entertainment company that promotes, operates and sells tickets for live events. The company's core activities include concert promotion and production, venue operations and management, ticketing services through its Ticketmaster platform, artist management and development, and sponsorship and advertising services tied to live events. These integrated businesses are designed to connect artists, fans and commercial partners across the live event ecosystem. The company in its current form was created following the 2010 merger of Live Nation and Ticketmaster, combining a promoter and venue operator with one of the industry's largest ticketing platforms. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Live Nation Entertainment Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

LOS ANGELES, July 30, 2026 /PRNewswire/ -- "In a world of endless screens and AI-generated everything, the one thing that can't be copied is being there. More artists are on the road than ever — and fans keep choosing to be in the room with them, driving the strongest concert ticket sales we've ever seen. More than 143 million tickets have sold through mid-July, over 14 million ahead of last year's pace, with mid-teens ticket sales growth across all large venue types: stadiums, arenas, and amphitheaters. None of this happens without the artists — they make these moments, and we're grateful to every artist and crew who trust us with their tours. This was a quarter of milestones: nearly 49 million fans attended our shows, Ticketmaster grew adjusted operating income 14%, and all-time-high deferred revenue points to a strong second half. The first-quarter legal accrual will weigh on reported operating income, but we remain on track for double-digit adjusted operating income growth this year — and to compound at that level for years to come." –Michael Rapino, President and CEO GLOBAL DEMAND FOR LIVE EVENTS DRIVES RECORD FAN GROWTH (2Q26 vs. 2Q25) Revenue of $7.7 billion, up 9% Operating income of $522 million, up 7% Adjusted operating income (AOI) of $817 million, up 2% Concerts revenue grew 8%, while AOI reflected the timing of shows and continued investments in venues and festivals Ticketmaster results surpassed expectations, with AOI up 14% and 90 million fee-bearing tickets sold, up 8% Sponsorship AOI increased 13%, fueled by the international expansion of venues and festivals International markets powered growth across all segments: ARTIST ACTIVITY GLOBALLY DRIVES HIGHEST 2Q CONCERTS ATTENDANCE (2Q26 vs. 2Q25 unless otherwise noted) Revenue of $6.4 billion, up 8% Fan count of 49 million, up 10% Underlying demand trends remain robust: AOI of $310 million was down 14% due to the timing of stadium shows, venue pre-opening costs, and new international festivals Q2 ended with record event-related deferred revenue of $6.4 billion, up 25%, pointing to accelerating stadium and amphitheater activity in the second half Full-year fan attendance is now projected to grow 10%, with expected attendance at operated venues up double digits and third-party venues up high single digits For the full year, Concerts remains on track to deliver double-digit AOI growth, with the majority of the year-over-year improvement occurring in Q4, and continued margin expansion VENUE NATION DELIVERING MORE SHOWS AND ENHANCED HOSPITALITY FOR FANS GLOBALLY Year-to-date, onsite food and beverage spending increased high single digits year-over-year at large U.S. amphitheaters and across European arenas and theaters Investments in premium experiences are driving strong returns: at newly opened amphitheaters, Morton and Mystic Lake, enhanced offerings are driving premium revenue nearly 75% higher than comparable amphitheaters Venue Nation on track to host close to 75 million fans in 2026, up double digits year-over-year, driven by an increase in show count from higher utilization of our existing venues and adding new venues 2026 pre-opening costs for all venues under development expected to be approximately $50 million, with current projects on track to achieve 20%+ IRRs Current pipeline of more than 25 large (over 3,000 seats) venues expected to open through the end of 2027, adding capacity for an incremental 15 million fans on a run rate basis LIVE EVENTS CONTINUE TO ATTRACT GROWING BRAND INVESTMENTS (2Q26 vs. 2Q25 unless otherwise noted) Revenue of $383 million, up 12%, led by the strength of our international markets, up 17% AOI of $257 million, up 13% Brand demand remains broad-based, driven by our expanding venue portfolio and global festivals, which contributed 70% of the growth Sponsorship AOI expected to grow double digits for the year, with 95% of sponsorship commitments booked for 2026 Margins expected to be similar to last year DEMAND FOR CONCERTS FUELS HIGHEST 2Q FOR TICKETMASTER (2Q26 vs. 2Q25 unless otherwise noted) Revenue of $852 million, up 15% AOI of $331 million, up 14% 90 million fee-bearing tickets sold, up 8% Reported fee-bearing GTV up 15% to over $10 billion, led by concerts accounting for 90% of the growth 16 million net new tickets added year-to-date, with 85% from international markets as venues continue to choose Ticketmaster globally Q2 ended with deferred GTV of $5.2 billion, up 16%, and deferred service fee revenue of $390 million, up 23% Ticketmaster AOI positioned to grow mid-single digits for the full year, led by strong concert activity and expanding global client base Margins expected to be similar to last year CAPITAL ALLOCATION SUPPORTS VENUE EXPANSION AND LONG-TERM GROWTH Full year capital expenditures now projected to be $1.1 billion, toward the lower end of our initial range due to timing of projects: Full year AOI to free cash flow—adjusted conversion expected to be in line with or higher than 2025 Free cash ended at approximately $2 billion compared to $1.7 billion last quarter, providing ample liquidity to invest in high-return projects FULL-YEAR INCOME STATEMENT DETAILS (vs. 2025) Depreciation and amortization expected to grow 12-15% Net interest expense is expected to be approximately $280 million Corporate / Other and Eliminations expense expected to increase in line with AOI growth Income tax expense is expected to be 15-20% of AOI, with cash taxes projected to be 80% of that amount Below the line items: 2026 share count not expected to change materially from 2025 Compare Our Operating Results to Past Quarters In The Trended Results Grid: https://investors.livenationentertainment.com/financial-information/financial-results The company will webcast a teleconference today, July 30, 2026, at 2:00 p.m. Pacific Time to discuss its financial performance, operational matters and potentially other material developments. Interested parties should visit the "News / Events" section of the company's website at investors.livenationentertainment.com to listen to the webcast. Supplemental statistical and financial information to be provided on the call, if any, will be posted to the "Financial Info" section of the website. A replay of the webcast will also be available on the Live Nation website. The link to the 2Q26 Trended Results Grid is provided above for convenience and such grid is not a part of, or incorporated into, this press release or any SEC filings that include this press release. Notice Regarding Financial StatementsThe company has provided certain financial statements at the end of this press release for reference. These financial statements should be read in conjunction with the full financial statements, and the notes thereto, set forth in the company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 to be filed with the Securities and Exchange Commission today and available on the SEC's website at sec.gov. About Live Nation Entertainment:Live Nation Entertainment, Inc. (NYSE: LYV) is the world's leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship. For additional information, visit investors.livenationentertainment.com. Forward-Looking Statements, Non-GAAP Financial Measures and Reconciliations:Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to statements regarding deferred revenue pointing to a strong second half of 2026; expectations for full year adjusted operating income growth in 2026 as well as the expected growth level for years to come; anticipated accelerating stadium and amphitheater activity in the second half of 2026; projections for full year fan attendance in the company's Concerts business; anticipated adjusted operating income growth and margin expansion in the company's Concerts business for 2026; anticipated fan attendance for Venue Nation in 2026; anticipated 2026 pre-opening costs for all venues under development as well as anticipated IRRs for these projects; the company's current pipeline for Venue Nation and projected fan additions on a run rate basis; projected adjusted operating income growth and margin expectations for Ticketmaster in 2026; projected adjusted operating income growth and margin expectations for the company's Sponsorship business in 2026; capital allocation supporting venue expansion and long-term growth; projected full year 2026 capital expenditures; projected full year 2026 adjusted operation income to free cash flow—adjusted conversion; projected full year 2026 levels of depreciation and amortization, net interest expense, corporate / other and eliminations expense, income tax expense and cash taxes, noncontrolling interest expense and its timing; accretion expense, and share count. Live Nation wishes to caution you that there are some known and unknown factors that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements, including but not limited to operational challenges in achieving strategic objectives and executing on the company's plans, the risk that the company's markets do not evolve as anticipated, the potential impact of any economic slowdown and operational challenges associated with selling tickets and staging events. Live Nation refers you to the documents it files from time to time with the U.S. Securities and Exchange Commission, or SEC, specifically the section titled "Item 1A. Risk Factors" of the company's most recent Annual Report filed on Form 10-K, and Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K, which contain and identify other important factors that could cause actual results to differ materially from those contained in the company's projections or forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date on which they are made. All subsequent written and oral forward-looking statements by or concerning Live Nation are expressly qualified in their entirety by the cautionary statements above. Live Nation does not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise. This press release contains certain non-GAAP financial measures as defined by SEC Regulation G. A reconciliation of each such measure to its most directly comparable GAAP financial measure, together with an explanation of why management believes that these non-GAAP financial measures provide useful information to investors, is provided herein. Adjusted Operating Income (Loss), or AOI, is a non-GAAP financial measure that we define as operating income (loss) before certain acquisition expenses (including ongoing legal costs stemming from the Ticketmaster merger, changes in the fair value of accrued acquisition-related contingent consideration obligations, and acquisition-related severance and compensation), amortization of non-recoupable ticketing contract advances, depreciation and amortization (including goodwill impairment), loss (gain) on disposal of operating assets, and stock-based compensation expense. Due to the significant and non-recurring nature of the matters, we also exclude from AOI the impact of realized liabilities for settlements and expenses for regulatory compliance matters associated with the provision for losses arising from certain significant governmental investigations and litigations under ASC 450 - Contingencies, which are described under the heading "Governmental Investigations and Litigation" in Note 6 of the Notes to the Consolidated Financial Statements in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. Except as described above, ongoing legal costs associated with defense of these claims, such as attorney fees, are not excluded from AOI. We use AOI to evaluate the performance of our operating segments. We believe that information about AOI assists investors by allowing them to evaluate changes in the operating results of our portfolio of businesses separate from non-operational factors that affect net income (loss), thus providing insights into both operations and the other factors that affect reported results. AOI is not calculated or presented in accordance with GAAP. A limitation of the use of AOI as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Accordingly, AOI should be considered in addition to, and not as a substitute for, operating income (loss), net income (loss), and other measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, AOI as presented herein may not be comparable to similarly titled measures of other companies. AOI margin is a non-GAAP financial measure that we calculate by dividing AOI by revenue. We use AOI margin to evaluate the performance of our operating segments. We believe that information about AOI margin assists investors by allowing them to evaluate changes in the operating results of our portfolio of businesses separate from non-operational factors that affect net income (loss), thus providing insights into both operations and the other factors that affect reported results. AOI margin is not calculated or presented in accordance with GAAP. A limitation of the use of AOI margin as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Accordingly, AOI margin should be considered in addition to, and not as a substitute for, operating income (loss) margin, and other measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, AOI margin as presented herein may not be comparable to similarly titled measures of other companies. Constant Currency is a non-GAAP financial measure when applied to a GAAP financial measure. We calculate currency impacts as the difference between current period activity translated using the current period's currency exchange rates and the comparable prior period's currency exchange rates. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. Free Cash Flow — Adjusted, or FCF, is a non-GAAP financial measure that we define as net cash provided by (used in) operating activities less changes in operating assets and liabilities, less maintenance capital expenditures, less distributions to noncontrolling interest partners. We use FCF among other measures, to evaluate the ability of operations to generate cash that is available for purposes other than maintenance capital expenditures. We believe that information about FCF provides investors with an important perspective on the cash available to service debt, make acquisitions, and for revenue generating capital expenditures. FCF is not calculated or presented in accordance with GAAP. A limitation of the use of FCF as a performance measure is that it does not necessarily represent funds available for operations and is not necessarily a measure of our ability to fund our cash needs. Accordingly, FCF should be considered in addition to, and not as a substitute for, net cash provided by (used in) operating activities and other measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, FCF as presented herein may not be comparable to similarly titled measures of other companies. Free Cash is a non-GAAP financial measure that we define as cash and cash equivalents less ticketing-related client funds, less event-related deferred revenue, less accrued expenses due to artists and cash collected on behalf of others, plus event-related prepaids. We use free cash as a proxy for how much cash we have available to, among other things, optionally repay debt balances, make acquisitions and fund revenue generating capital expenditures. Free cash is not calculated or presented in accordance with GAAP. A limitation of the use of free cash as a performance measure is that it does not necessarily represent funds available from operations and it is not necessarily a measure of our ability to fund our cash needs. Accordingly, free cash should be considered in addition to, and not as a substitute for, cash and cash equivalents and other measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, free cash as presented herein may not be comparable to similarly titled measures of other companies. View original content to download multimedia:https://www.prnewswire.com/news-releases/live-nation-entertainment-reports-second-quarter-2026-results-302839463.html

Live Nation (LYV) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +77.97%. A quarter ago, it was expected that this ticket seller and concert promoter would post a loss of $0.27 per share when it actually produced a loss of $0.32, delivering a surprise of -18.52%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Live Nation, which belongs to the Zacks Film and Television Production and Distribution industry, posted revenues of $7.67 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.80%. This compares to year-ago revenues of $7.01 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Live Nation shares have added about 29.4% since the beginning of the year versus the S&P 500's gain of 6.9%. While Live Nation has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Live Nation was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.83 on $9.46 billion in revenues for the coming quarter and -$0.64 on $27.69 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Film and Television Production and Distribution is currently in the bottom 16% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. News Corp. (NWSA), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 5. This publishing company whose flagship is The Wall Street Journal is expected to post quarterly earnings of $0.21 per share in its upcoming report, which represents a year-over-year change of +10.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. News Corp.'s revenues are expected to be $2.22 billion, up 5.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report News Corporation (NWSA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

For the quarter ended June 2026, Live Nation (LYV) reported revenue of $7.67 billion, up 9.4% over the same period last year. EPS came in at $1.05, compared to $0.41 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $7.53 billion, representing a surprise of +1.8%. The company delivered an EPS surprise of +77.97%, with the consensus EPS estimate being $0.59. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Live Nation performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Concerts - Estimated Attendance - International: 25.59 million versus 22.05 million estimated by three analysts on average. Ticketing - Total Fee-Bearing Number of Tickets Sold: 90.05 million compared to the 84.73 million average estimate based on three analysts. Concerts - Estimated Attendance - Total: 48.71 million versus 46.72 million estimated by three analysts on average. Concerts - Estimated Attendance - North America: 23.12 million versus the three-analyst average estimate of 24.67 million. Concerts - Estimated Events - Total: 15.26 million versus 15.51 million estimated by three analysts on average. Ticketing - Total Non-Fee-Bearing Number of Tickets Sold: 71.47 million versus 72.36 million estimated by two analysts on average. Ticketing - Total Global Number of Tickets Sold: 161.52 million compared to the 156.96 million average estimate based on two analysts. Concerts - Estimated Events - International: 5.79 million compared to the 5.7 million average estimate based on two analysts. Revenue- Concerts: $6.44 billion versus $6.37 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +8.4% change. Revenue- Other and Eliminations: $-12.7 million compared to the $-22.56 million average estimate based on five analysts. The reported number represents a change of -45% year over year. Revenue- Sponsorship & Advertising: $383 million versus $385.26 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +12.5% change. Revenue- Ticketing: $852.2 million versus $774.82 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +14.7% change. View all Key Company Metrics for Live Nation here>>> Shares of Live Nation have returned +0.2% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Live Nation Entertainment, Inc. LYV is scheduled to report second-quarter 2026 results on July 30.LYV’s earnings beat the Zacks Consensus Estimate in one of the trailing four quarters, and missed on three occasions, the average miss being 28.9%. The Zacks Consensus Estimate for second-quarter earnings per share (EPS) is pegged at 59 cents, indicating growth of 43.9% from 41 cents reported in the year-ago quarter.For revenues, the consensus mark is pegged at nearly $7.53 billion, suggesting an increase of 7.5% from the prior-year quarter’s figure. Live Nation Entertainment, Inc. price-eps-surprise | Live Nation Entertainment, Inc. Quote Let's look at how things have shaped up in the quarter. Live Nation’s second-quarter 2026 performance is likely to have benefited from robust global concert demand, expanding artist supply and healthy ticket sales. Strong booking activity across stadiums, arenas and amphitheaters, coupled with sustained momentum in international touring markets, is expected to have supported results in the quarter under review. Healthy concert activity across North America, Latin America, Europe and parts of Asia may also have aided sponsorship and ticketing revenues. The Zacks Consensus Estimate for second-quarter Sponsorship & Advertising revenues is pegged at $385.3 million, compared with $340.6 million reported in the prior-year quarter.The Concerts segment is likely to have benefited from a stronger U.S. amphitheater slate as the summer touring season began. As of May 2026, Live Nation reported that amphitheater show counts were pacing ahead of the prior year, while ticket sales were up by double digits. These trends are likely to have supported segment performance during the quarter. Positive early trends in on-site spending and premium sales may also have aided results, while cancellations remained within the company’s historical range and were unlikely to have had a material impact. The consensus estimate for second-quarter Concerts revenues is pegged at $6.37 billion, compared with $5.95 billion reported in the prior-year quarter.Venue Nation’s premium-hospitality initiatives may have further supported per-fan monetization. Live Nation continued to expand premium seating, upgraded hospitality areas, enhanced parking and other higher-value experiences across its venue portfolio. Investments aimed at increasing premium capacity at select amphitheaters from low-single-digit levels to approximately 25% are likely to have aided on-site spending at upgraded venues.Live Nation’s Ticketing segment is likely to have benefited from higher primary ticket volumes and continued additions to its global client base. Increased concert-ticket sales may have supported ticketing revenues, while product enhancements and platform expansion across Latin America, Asia and Japan may have aided international growth. The consensus estimate for second-quarter Ticketing revenues is pegged at $774.8 million, up from $742.7 million reported in the prior-year quarter.However, the phasing of Live Nation’s concert calendar may have moderated the pace of second-quarter growth. The company indicated that the strongest increases in global stadium and U.S. amphitheater activity were weighted toward the third quarter, when a larger portion of the summer concert season occurs. Restrictions on broker inventory in Ticketmaster’s secondary marketplace may have affected Ticketing performance. Regulatory-related legal expenses are likely to have weighed on second-quarter profitability. Our proven model does not conclusively predict an earnings beat for Live Nation this time. A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to beat earnings. However, that's not the case here.LYV’s Earnings ESP: Live Nation has an Earnings ESP of +31.57%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Live Nation’s Zacks Rank: The company currently has a Zacks Rank #5 (Strong Sell). Here are some stocks from the Zacks Consumer Discretionary sector that investors may consider, as our model shows that they have the right combination of elements to post an earnings beat.Life Time Group Holdings, Inc. LTH has an Earnings ESP of +1.12% and sports a Zacks Rank of 1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Life Time Group is expected to register a 21.6% increase in earnings for the to-be-reported quarter. LTH reported better-than-expected earnings in each of the trailing four quarters, the average surprise being 10.9%.Marriott International, Inc. MAR currently has an Earnings ESP of +1.88% and a Zacks Rank of 3. Marriott’s earnings for the to-be-reported quarter are expected to increase 15.5%. MAR reported better-than-expected earnings in three of the trailing four quarters and missed on one occasion, the average surprise being 1.5%.Cinemark Holdings, Inc. CNK currently has an Earnings ESP of +6.40% and a Zacks Rank of 3.Cinemark’s earnings for the to-be-reported quarter are expected to increase 57.1%. CNK reported lower-than-expected earnings in each of the trailing four quarters, the average miss being negative 20.4%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report Marriott International, Inc. (MAR) : Free Stock Analysis Report Cinemark Holdings Inc (CNK) : Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research