Exhibit 99.1 LIVE NATION ENTERTAINMENT REPORTS FIRST QUARTER 2024 RESULTS "Our Q1 results demonstrate that live events remain a priority for fans around the world. Global fan demand is stronger than ever, more artists are out on the road, and more venues are being added to bring them together. While operating income will be impacted by one-time accruals, we're on track to deliver another record year with double-digit AOI growth and years of momentum still to come." –Michael Rapino, President and CEO, Live N ...

Live Nation Entertainment, Inc. (LYV) is scheduled to report first-quarter 2024 results on May 2, 2024, after market close. In the last reported quarter, the company registered a negative earnings surprise of 8%.The Trend in Estimate RevisionThe Zacks Consensus Estimate for the first-quarter bottom line is pegged at a loss of 22 cents per share, indicating an improvement of 12% from a loss of 25 cents reported in the year-ago quarter.For revenues, the consensus mark is pegged at approximately $3.3 billion, ...

Wall Street analysts expect Live Nation (LYV) to post quarterly loss of $0.22 per share in its upcoming report, which indicates a year-over-year increase of 12%. Revenues are expected to be $3.3 billion, up 5.4% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead of a company's earnings dis ...

Revenge of the Swifties, courtesy of a potential antitrust lawsuit.Shares of Ticketmaster parent company Live Nation Entertainment (LYV 0.06%) plunged this week, falling 11.2% through Friday trading at noon ET, according to data from S&P Global Market Intelligence.Live Nation merged with Ticketmaster in 2010, creating a dominant ticketing company for the highest-profile concerts. However, this week The Wall Street Journal reported the Department of Justice is preparing to sue Live Nation for alleged antitru ...

LOS ANGELES, April 18, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, will release its first quarter financial results after market hours on Thursday, May 2, 2024. Michael Rapino, Live Nation Entertainment's President and Chief Executive Officer, will host a teleconference that day at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's financial performance, operational outlook, and other forward-looking matters. A live webcast of the call ...

WASHINGTON, DC - JANUARY 24: Amy Edwards demonstrates against the live entertainment ticket industry ... [+] outside the U.S. Capitol January 24, 2023 in Washington, DC. The Senate Judiciary Committee is holding a hearing this morning to explore whether the merger of Live Nation and Ticketmaster has stifled competition and harmed the consumer marketplace. (Photo by Drew Angerer/Getty Images)Getty ImagesThe U.S. Department of Justice plans to file an antitrust lawsuit against Live Nation, according to the Wa ...

Key TakeawaysThe S&P 500 fell 0.2% on Tuesday, April 16, 2024, as Federal Reserve Chair Powell suggested it might be a while before the central bank cuts interest rates.Shares of Live Nation plunged amid reports that the Justice Department plans to file an antitrust lawsuit against the live event ticketing firm.Super Micro Computer shares pushed higher after Loop Capital boosted its price target on the stock, highlighting its recent inclusion on the S&P 500. Major U.S. equities indexes were mixed on Tuesday ...

Live Nation Entertainment (NYSE:LYV) stock is a hot topic among traders on Tuesday as the global entertainment company is facing a potential antitrust probe from the Justice Department.According to recent reports, the Justice Department is planning to file an antitrust lawsuit against Live Nation Entertainment in the coming weeks. At the heart of this are concerns that the company is allegedly taking part in anticompetitive practices.These concerns come after claims that the ticket seller’s subsidiary Ticke ...

Live Nation Entertainment Inc (NYSE:LYV) stock is down 6.7% to trade at $92.80 at last check, after the Wall Street Journal yesterday reported the Department of Justice (DoJ) is getting ready to file an antitrust lawsuit against the Ticketmaster parent over the next few weeks, alleging it used its market prominence to stifle competition for live ticketed events.LYV is today gapping below the 60-day moving average for the first time since February, as it pulls back from a March 28, 52-week high of $107.24. T ...

Key TakeawaysLive Nation Entertainment shares fell in extended trading Monday after The Wall Street Journal reported that the DOJ is preparing to file an antitrust lawsuit against the company.The DOJ will allege that the ticket seller has used it dominance in the marketplace to undermine competition for ticketing live events, sources told the Journal.The Live Nation Entertainment share price may find a confluence of support around $91 from a 12-month uptrend line and the 200-day moving average. Shares in Ti ...