Live Nation Entertainment Inc (NYSE: LYV) has reported earnings for its second fiscal quarter (ending June 30) of $1.05 versus $1.04 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $1.12 versus $1.13 for the same period a year ago.
Recent Price Action
Live Nation Entertainment Inc (NYSE: LYV) stock declined slightly by -0.9% on 7/30/24. The stock closed at $94.62. Moreover, above average trading volume at 144% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
LYV’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.
Live Nation Entertainment is currently unrated.
Rating Review
The stock is currently unrated.
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