Live Nation Entertainment Q4 Earnings Highlights: Taylor Swift Effect Continues With Record Attendance, Ticket Sales For Full Year

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Concert venue owner and operator Live Nation Entertainment (NYSE:LYV) reported fourth-quarter financial results after market close Thursday.

Here are the key highlights.

What Happened: Live Nation reported fourth-quarter revenue of $5.84 billion, which was up 36% year-over-year. The revenue beat a Street consensus estimate of $4.77 billion according to data from Benzinga Pro.

The company reported adjusted earnings per share of $1.37, which beat a Street estimate of a loss of $1.03 per share.

Full-year revenue was $22.7 billion, which was up 36% year-over-year.

“The live music industry reached …

Full story available on Benzinga.com


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