| LYV |
Report |
Consolidated AOI |
BEAT |
pred ~$855m vs. cons $838m |
MEDIUM |
| LYV |
Report |
Concerts AOI |
BEAT |
pred ~$387m vs. cons $378m |
MEDIUM |
| LYV |
Report |
Ticketing AOI |
MISS |
pred ~$307m vs. cons $315m |
MEDIUM |
| LYV |
Guide |
FY2026 consolidated AOI growth |
UNCHANGED |
guide ~11.0% vs. cons 10.8% (FY2026) |
HIGH |
| LYV |
Guide |
FY2026 Ticketing AOI margin |
LOWER |
guide ~34.5% vs. cons 35.0% (FY2026) |
MEDIUM |
| LYV |
Guide |
FY2026 capital expenditures |
UNCHANGED |
guide ~$1.15bn vs. cons $1.14bn (FY2026) |
HIGH |
| LYV |
Guide |
Concerts fan-growth cadence |
BETTER |
guide ~70% of amphitheater growth in Q3 vs. cons 60% (2H2026) |
MEDIUM |
| LYV |
Return |
Day-1 residual (stock − beta × S&P 500) |
+2.5% |
— |
MEDIUM |
| LYV |
Return |
5-day cumulative residual |
+1.0% (STABILIZE) |
A consolidated-AOI beat of ~$17m versus consensus is likely offset by an estimated ~$8m Ticketing-AOI miss and essentially unchanged FY2026 AOI growth of ~11.0% versus ~10.8% consensus. The report supports the Q3-weighted earnings setup but does not create enough out-period upside for material estimate revisions. |
MEDIUM |