
Live Nation Entertainment, Inc. (LYV) operates globally in the entertainment industry through its Concerts, Ticketing, and Sponsorship & Advertising segments with a market cap of $21.9 billion. Based in Beverly Hills, California, the company is set to unveil its fiscal Q2 earnings results on Thursday, Jul. 25.
Ahead of this event, analysts expect LYV to report a profit of $1.05 per share, up 2.9% from $1.02 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in two of the past four quarters while missing on two other occasions. The company reported a loss per share of $0.53 in the most recent quarter, missing the consensus loss per share estimate by a significant 165% margin due to litigation accruals and depreciation costs from new venues.