Live Nation Entertainment Inc
LYV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|%x | LOCK|@?n?g | LOCK|P<Jx^$<X |
Live Nation Earnings: Sale Were Light, but Business Still Looks Strong
Live Nation's third-quarter sales grew 11% year over year, but fewer total events kept the result lower than we anticipated. Still, fan spending was high (8% growth in revenue per event attendee), and an added emphasis on owned and operated venues continues to have a positive impact on margins.
