earnings
confidence high
sentiment positive
materiality 0.85
Live Nation Q3 revenue $6.2B (+63% vs 2019); records in attendance, GTV
Live Nation Entertainment, Inc.
2022-Q3 EPS reported
$1.73
revenue$12,390,517,000
- Operating income $506M, up 95% vs Q3 2019; AOI $621M, up 45%.
- Record attendance: 44M fans at 11K events in Q3; 115M tickets sold YTD, up 37% vs 2019.
- Ticketmaster fee-bearing GTV $7.3B, up 62% vs 2019; 71M fee-bearing tickets sold.
- 2023 outlook: tickets sold for 2023 up double-digits YoY; sponsorship commitments up 30%.