The earnings call reflects a mixed outlook with strong growth in concerts and international expansion but challenges in Ticketmaster's revenue and FX impacts. The deferred revenue and sponsorship growth are positive signs for future performance.

Company Guidance

During Live Nation's First Quarter 2025 Earnings Call, the company provided guidance indicating a robust outlook for the remainder of the year, despite a dip in Ticketmaster's Q1 revenue and AOI. Live Nation's concert activity showed a 12% year-on-year increase in Live Nation concerts through Ticketmaster, although other promoters and non-concert activities saw declines. Deferred revenue for Ticketmaster grew 13%, signaling anticipated future revenue recognition. The company expects a significant portion of fan growth to occur in the second half of the year, with two-thirds of Live Nation concert fan growth expected during this period. Concert margins are projected to remain flat for 2025, leveraging increased volume and scale, particularly through Venue Nation's expansion. The company remains confident in its pricing strategy, which balances maximizing revenue and maintaining affordability, with an 8% decline in the average get-in price for stadiums reflecting efforts to manage affordability. Additionally, Live Nation continues to advocate for better enforcement of the BOTS Act to improve ticketing transparency and reduce the impact of scalpers. Overall, the company remains optimistic about its prospects, buoyed by strong demand trends and strategic developments such as the acquisition of Hayashi in Japan, despite regulatory challenges.

Strong Concert Activity

Live Nation concerts through Ticketmaster were up 12% year-on-year, and overall concerts were up 4%. The company expects two-thirds of the Live Nation concert fan growth to occur in the second half of the year.

Deferred Revenue Growth

Deferred revenue for Ticketmaster increased by 13% for the quarter, indicating strong future revenue potential as events are scheduled for later in the year.

Successful International Expansion

Live Nation completed the acquisition of Hayashi, a key player in Japan, allowing them to directly promote in Japan, a major market.

Venue Nation Growth

Expectations for double-digit growth in fans at Venue Nation venues, with four new venues opening by the end of the year.

Continued Sponsorship Growth

Over 80% of sponsorship business is contracted for the year, showing growth over the previous year.

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Live Nation Entertainment (LYV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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LYV Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 05, 2025	2025 (Q2)	1.15 / -	1.03	―	―	―
May 01, 2025	2025 (Q1)	-0.41 / -0.32	-0.53	39.62% (+0.21)	―
Feb 20, 2025	2024 (Q4)	-1.12 / 0.58	-1.18	149.15% (+1.76)	―
Nov 11, 2024	2024 (Q3)	1.61 / 1.66	1.78	-6.74% (-0.12)	―
Jul 30, 2024	2024 (Q2)	1.06 / 1.03	1.02	0.98% (+0.01)	―
May 02, 2024	2024 (Q1)	-0.18 / -0.53	-0.25	-112.00% (-0.28)	―
Feb 22, 2024	2023 (Q4)	-1.03 / -1.18	-1.02	-15.69% (-0.16)	―
Nov 02, 2023	2023 (Q3)	1.25 / 1.78	1.39	28.06% (+0.39)	―
Jul 27, 2023	2023 (Q2)	0.65 / 1.02	0.66	54.55% (+0.36)	―
May 04, 2023	2023 (Q1)	-0.45 / -0.25	-0.39	35.90% (+0.14)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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LYV Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 01, 2025	$131.34	$133.77	+1.85%
Feb 20, 2025	$152.32	$149.40	-1.92%
Nov 11, 2024	$123.80	$129.67	+4.74%
Jul 30, 2024	$94.62	$96.19	+1.66%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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