Live Nation (LYV) Misses Q2 Earnings Estimates

Live Nation (LYV) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -59.41%. A quarter ago, it was expected that this ticket seller and concert promoter would post a loss of $0.34 per share when it actually produced a loss of $0.32, delivering a surprise of +5.88%.Over the last four qua ...