With a market cap of $32.7 billion, Live Nation Entertainment, Inc. (LYV) is a global leader in live entertainment, operating through its Concerts, Ticketing, and Sponsorship & Advertising segments. The company promotes live music events, manages ticketing services through platforms like Ticketmaster, and develops advertising and sponsorship opportunities across its venues and digital platforms. The Beverly Hills, California-based company is expected to release its fiscal Q4 earnings results on Thursday, Feb. 27.
Ahead of this event, analysts expect the ticket seller and concert promoter to report a loss of $1.18 per share, up 3.3% from the loss of $1.22 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in two of the last four quarters while missing on two other occasions. LYV exceeded the consensus EPS estimate by 5.1% in the most recent quarter.
