Published on 30 Apr 2024 on Zacks via Yahoo Finance
Factors Setting the Tone for Live Nation's (LYV) Q1 Earnings
Live Nation Entertainment, Inc. LYV is scheduled to report first-quarter 2024 results on May 2, 2024, after market close. In the last reported quarter, the company registered a negative earnings surprise of 8%.
The Trend in Estimate Revision
The Zacks Consensus Estimate for the first-quarter bottom line is pegged at a loss of 22 cents per share, indicating an improvement of 12% from a loss of 25 cents reported in the year-ago quarter.For revenues, the consensus mark is pegged at approximately $3.3 billion, suggesting an increase of 5.4% from the year-ago quarter’s reported figure.