Live Nation Entertainment’s Financial Performance …
From Financial Modeling Prep: 2024-11-12 18:00:04
Live Nation Entertainment, Inc. (NYSE:LYV) reported an EPS of $1.66, exceeding estimates but showing a slight decrease from the previous year. Despite lower revenue, cost controls led to a strong profit margin and a 5.1% share price increase during extended trading. LYV’s financial metrics reveal a high P/E ratio of 60.68 and a significant debt-to-equity ratio of 28.44.
Live Nation Entertainment, Inc. (NYSE:LYV) is a global live entertainment company known for concerts and ticketing services. LYV reported an EPS of $1.66, beating estimates but lower than the previous year. Revenue fell short at $7.65 billion. Cost controls boosted profit margin, resulting in a 5.1% share price increase. Financial metrics show a high P/E ratio of 60.68 and a debt-to-equity ratio of 28.44.
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