earnings
confidence high
sentiment positive
materiality 0.80
Live Nation reports record Q4; 45M tickets sold for 2022 shows, up 45% vs 2019
Live Nation Entertainment, Inc.
2022-FY EPS reported
-$3.09
revenue$6,268,447,000
- Full-year operating income improved $1.2B and AOI up $1.3B vs 2020; 35M fans attended concerts.
- Q4 ticketing operating income up 118%, AOI up 62%, transacted GTV up 20% vs Q4 2019.
- Sponsorship Q4 operating income up 37% and AOI up 39% vs Q4 2019.
- 2022 outlook: $2.3B deferred revenue, 45M tickets sold, show count up 30% vs 2019.
- Acquired OCESA for scale in Mexico; venue portfolio now 320 globally.