Live Nation Entertainment (NYSE:LYV) Releases Quarterly Earnings Results, Beats Expectations By $0.19 EPS

Posted by Brenda Bartman on Nov 7th, 2026

Live Nation Entertainment (NYSE:LYV – Get Free Report) announced its earnings results on Thursday. The company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.19, FiscalAI reports. Live Nation Entertainment had a net margin of 0.34% and a return on equity of 54.61%. The company had revenue of $10.11 billion during the quarter, compared to analyst estimates of $9.60 billion. During the same period in the previous year, the business earned $0.73 earnings per share. The firm’s quarterly revenue was up 18.9% compared to the same quarter last year.

Here are the key takeaways from Live Nation Entertainment’s conference call:

Concert attendance topped 60 million in Q3, up nearly 20%, with international attendance up 29%. Live Nation raised its full-year attendance outlook to nearly 180 million, citing stronger sell-through, fewer cancellations and better-than-expected stadium volume.
Live Nation raised its Ticketmaster outlook to high-single-digit AOI growth for the year. Growth is supported by concert attendance, more than 20 million net new tickets from client additions and strong on-sales for 2027 shows; sports ticketing has offset expected softness in concert resale.
The company reiterated its expectation for double-digit full-year Concerts AOI growth, despite AOI rising about 4% in the first nine months. Management pointed to strong fan growth across operated and third-party venues.
Venue expansion brings near-term costs: pre-opening expenses are rising and are expected to continue increasing over the next few years. Management also noted that stadium fans tend to generate lower margins, while prepaid advertising expense was up double digits through Q3.

Live Nation Entertainment Trading Down 3.2%

Live Nation Entertainment stock opened at $175.40 on Friday. The business has a 50 day moving average price of $172.84 and a two-hundred day moving average price of $167.41. Live Nation Entertainment has a 12 month low of $125.34 and a 12 month high of $189.24. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 8.25. The stock has a market cap of $41.33 billion, a price-to-earnings ratio of -1,031.78 and a beta of 1.15.

Key Stories Impacting Live Nation Entertainment

Here are the key news stories impacting Live Nation Entertainment this week:

Positive Sentiment: Live Nation earned $1.69 per share, beating the $1.50 consensus estimate, while revenue rose 18.9% year over year to $10.11 billion, ahead of estimates of $9.60 billion. Live Nation Q3 earnings and revenues surpass estimates
Positive Sentiment: Record concert attendance and Ticketmaster growth helped drive the results; reports cited 61 million fans attending events during the quarter. Strong demand supports the company’s growth outlook. Live Nation Q3 earnings beat on record attendance and ticketing gains
Positive Sentiment: Wells Fargo maintained an “overweight” rating and a $221 price target, only slightly below its prior $222 target. The firm’s target suggests substantial upside from the quoted share price. Wells Fargo analyst ratings
Negative Sentiment: Despite higher sales and earnings, operating margins narrowed, a potential concern given the company’s very thin reported net margin. Investors may watch whether strong attendance and ticketing growth can translate into improved profitability. Live Nation Q3 earnings beat on record attendance and ticketing gains

Analyst Ratings Changes

LYV has been the topic of a number of recent research reports. JPMorgan Chase & Co. upped their price target on shares of Live Nation Entertainment from $180.00 to $205.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Weiss Ratings cut shares of Live Nation Entertainment from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Wells Fargo & Company decreased their price target on Live Nation Entertainment from $222.00 to $221.00 and set an “overweight” rating on the stock in a research note on Friday. UBS Group raised their price objective on shares of Live Nation Entertainment from $181.00 to $208.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Finally, Citizens Jmp lifted their target price on shares of Live Nation Entertainment from $190.00 to $215.00 and gave the company a “market outperform” rating in a report on Wednesday, July 22nd. Twenty research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $197.90.

View Our Latest Research Report on Live Nation Entertainment

Insider Activity at Live Nation Entertainment

In other news, CAO Brian Capo sold 2,900 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $184.00, for a total transaction of $533,600.00. Following the transaction, the chief accounting officer owned 8,655 shares in the company, valued at approximately $1,592,520. This trade represents a 25.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.89% of the stock is currently owned by corporate insiders.

About Live Nation Entertainment

(Get Free Report)

Live Nation Entertainment, Inc is a live entertainment company that promotes concerts, operates and manages venues, and provides ticketing services. Its activities span the live-event process, from helping artists plan and promote tours to connecting fans with events.

The company’s businesses include concert promotion and venue operations, ticketing through Ticketmaster, and sponsorship and advertising services for brands seeking to reach live-event audiences. Ticketmaster provides ticket sales and related technology for concerts and other events.

Live Nation was formed in 2010 through the merger of concert promoter Live Nation and ticketing company Ticketmaster.