earnings
confidence high
sentiment positive
materiality 0.75
Live Nation Q2 revenue $6B+ (+7%), AOI $716M (+21%); record concerts margin 5.4%
Live Nation Entertainment, Inc.
2024-Q2 EPS reported
$0.51
revenue$9,822,945,000
- Revenue $6B+ (+7%); operating income $466M (+21%); adjusted operating income $716M (+21%).
- Concerts AOI $271M (+61%); 39M fans (+5%); 183M fee-bearing tickets YTD (+3%).
- Venue Nation hosted 24M fans YTD (+10%); sponsorship AOI $223M (+10%).
- Astroworld litigation accruals $94M in Q2; total $280M in 2024.
- 2024 capex $650M; 14 major venues planned 2024/25; free cash flow—adj $635M YTD.