Fiscal Year Earnings Estimate on Live Nation Entertainment, Inc.(LYV)

Live Nation Entertainment, Inc.(LYV): For the most recent quarter end, Live Nation Entertainment, Inc. reported Annual Earnings of $0.49. Based on the filings, last years Annual Earnings was, $-0.33. For the most recent quarter end, LYV reported a surprise Earnings per Share of 2.08% . The consensus estimate for current quarter is $-0.58 and for the current fiscal year, the estimate is $-0.23. For the Next fiscal year, the estimate is $0.19 based on the consensus.

Live Nation Entertainment Last issued its quarterly earnings results on Nov 7, 2016. The company reported $0.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.48. The company had revenue of $3170.42 million for the quarter, compared to analysts expectations of $2818.86 million. The companys revenue was up 20.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 EPS.

Company has reported several Insider transactions to the SEC, on Feb 10, 2017, Michael Rapino (President & CEO) sold 210,000 shares at 28.73 per share price.On Dec 13, 2016, Jeffrey T. Hinson (director) sold 10,000 shares at 28.30 per share price.On Dec 9, 2016, Robert Ted Iii Enloe (director) sold 10,000 shares at 27.34 per share price.

Live Nation Entertainment, Inc. (NYSE:LYV) rose 0.82% or 0.25 points on Wednesday and made its way into the gainers of the day. After trading began at $30.24 the stock was seen hitting $30.75 as a peak level and $30.1 as the lowest level. The stock ended up at $30.72. The daily volume was measured at 1,081,073 shares. The 52-week high of the share price is $30.75 and the 52-week low is $20.06. The company has a market cap of $6,250 million.

Live Nation Entertainment, Inc. is the worlds premier live entertainment company, consisting of Live Nation, Ticketmaster and Front Line Management Group. The Company engages in producing, marketing, and selling live concerts for artists via its concert pipe. Live Nation owns and operates many venues, including House of Blues music venues and locations, such as The Fillmore in San Francisco, Nikon at Jones Beach Theatre in New York and Londons Wembley Arena. In addition, it also produces, promotes or hosts theatrical, specialized motor sports and other live entertainment events. The Company is driving major innovations in ticketing technology, marketing and service. It offers ticket sales, ticket resale services, and marketing and distribution through ticketmaster.com, an e-commerce site on the Internet. Live Nation Entertainment, Inc. was formerly known as Live Nation, Inc. and is based in Beverly Hills, California.

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