Live Nation Entertainment Inc
LYV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$& | LOCK|^ngD | LOCK|&pC@dg#J |
Live Nation Earnings: Demand Continues to Sizzle, but That's No Surprise
Live Nation's second-quarter sales growth remained robust on big gains in concert attendance, Ticketmaster sales, and sponsorship opportunities. Disappointing concerts profit—down 14% to $310 million—was due to costs associated with new venues and international festivals along with venue mix.
