Q2 EPS Forecast for Live Nation Entertainment Cut by Analyst

Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) - Research analysts at Roth Capital dropped their Q2 2025 earnings per share (EPS) estimates for shares of Live Nation Entertainment in a report issued on Thursday, June 26th. Roth Capital analyst E. Handler now expects that the company will earn $1.17 per share for the quarter, down from their previous forecast of $1.34. The consensus estimate for Live Nation Entertainment's current full-year earnings is $2.38 per share.

Live Nation Entertainment (NYSE:LYV - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported ($0.32) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.29). Live Nation Entertainment had a return on equity of 125.77% and a net margin of 4.28%. The company had revenue of $3.38 billion during the quarter, compared to analysts' expectations of $3.63 billion. During the same quarter in the previous year, the company earned $0.60 EPS. The business's quarterly revenue was down 11.0% compared to the same quarter last year.

A number of other analysts have also recently issued reports on the stock. Macquarie increased their price objective on shares of Live Nation Entertainment from $146.00 to $165.00 and gave the stock an "outperform" rating in a research note on Thursday, March 6th. Benchmark reiterated a "buy" rating and issued a $178.00 price target on shares of Live Nation Entertainment in a research note on Tuesday, April 1st. Roth Mkm decreased their price target on Live Nation Entertainment from $174.00 to $164.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Wolfe Research upped their price objective on Live Nation Entertainment from $160.00 to $168.00 and gave the stock an "outperform" rating in a research note on Tuesday, June 10th. Finally, Susquehanna set a $165.00 target price on Live Nation Entertainment and gave the stock a "positive" rating in a research report on Tuesday, June 10th. One research analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $165.24.

Live Nation Entertainment Trading Up 0.7%

Live Nation Entertainment stock opened at $147.23 on Friday. Live Nation Entertainment has a 12-month low of $87.33 and a 12-month high of $157.75. The firm has a market capitalization of $34.12 billion, a price-to-earnings ratio of 50.25, a P/E/G ratio of 5.83 and a beta of 1.44. The firm has a 50 day moving average of $140.09 and a 200 day moving average of $136.45. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 7.43.

Insider Transactions at Live Nation Entertainment

In other news, EVP John Hopmans sold 34,808 shares of the business's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $147.38, for a total value of $5,130,003.04. Following the sale, the executive vice president now directly owns 189,456 shares in the company, valued at $27,922,025.28. The trade was a 15.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 3.01% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Independent Franchise Partners LLP raised its position in Live Nation Entertainment by 207.6% during the fourth quarter. Independent Franchise Partners LLP now owns 4,693,986 shares of the company's stock valued at $607,871,000 after purchasing an additional 3,168,210 shares during the period. Groupama Asset Managment bought a new position in shares of Live Nation Entertainment during the 4th quarter valued at approximately $259,000,000. Norges Bank purchased a new stake in Live Nation Entertainment during the 4th quarter valued at $255,955,000. Nuveen LLC bought a new stake in Live Nation Entertainment in the first quarter worth $201,501,000. Finally, Massachusetts Financial Services Co. MA boosted its stake in Live Nation Entertainment by 46.1% during the first quarter. Massachusetts Financial Services Co. MA now owns 2,804,375 shares of the company's stock worth $366,195,000 after buying an additional 884,745 shares during the period. Institutional investors own 74.52% of the company's stock.

Live Nation Entertainment Company Profile

Live Nation Entertainment, Inc operates as a live entertainment company worldwide. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.