Live Nation Entertainment’s Q3 GAAP EPS of $1.39 beats estimates by $0.33

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LYV Intrinsic Value – Live Nation Entertainment ($NYSE:LYV) is a leading live entertainment company. In Q3, the company’s GAAP EPS of $1.39 beat estimates by $0.33.

Earnings

Looking at the company’s earnings report for FY2022 Q2 as of June 30, LIVE NATION ENTERTAINMENT earned 11638.9M USD in total revenue, lost 98.5M USD in net income. Compared to the previous year, this is an 85.7% increase in total revenue. Looking back at the last three years, LIVE NATION ENTERTAINMENT’s total revenue has reached from 1861.2M USD to 11638.9M USD.

Price History

So far, media sentiment towards the company is mostly positive. On Thursday, LIVE NATION ENTERTAINMENT stock opened at $75.8 and closed at $76.4, down by 0.5% from the prior closing price of $76.8.

VI Analysis – LYV Intrinsic Value Calculator

LIVE NATION ENTERTAINMENT is a global entertainment company that operates in the live events and ticketing industry. The company’s fundamentals reflect its long term potential and the intrinsic value of its shares is around $245.6. The company is currently trading at $76.4, which represents a discount of 69%.

VI Peers

Its competitors include Warner Bros. Discovery Inc, SD Entertainment Inc, Imagination TV Inc.

– Warner Bros.Discovery Inc ($NASDAQ:WBD)

Discovery Inc. is an American global mass media and entertainment company. It produces and distributes content across multiple genres, including factual and reality programming, sports, and general entertainment. The company has a market cap of 32.75B and a ROE of -5.76%. Discovery Inc. was founded in 1985 and is headquartered in Silver Spring, Maryland.

– SD Entertainment Inc ($TSE:4650)

S2 Games is a publicly traded American video game developer and publisher headquartered in Boston, Massachusetts. The company was founded in 2003 by James Green and Marc DeForest. S2 Games is best known for developing the video game franchises HoN and Strife. As of 2022, S2 Games has a market cap of 2.46B and a return on equity of 14.92%. The company specializes in developing and publishing free-to-play online games.

– Imagination TV Inc ($OTCPK:IMTV)

Imagination TV Inc is a publicly traded company with a market cap of 1.22k as of 2022. The company has a Return on Equity of 143.46%. Imagination TV Inc is a media and entertainment company that creates and distributes content across multiple platforms. The company’s content is distributed through television, film, digital, and social media.

Summary

The company owns, operates, and partners with venues, promoters, and artists, and produces, promotes, and sells tickets to live events. Live Nation Entertainment also has a strong online presence, with a website and mobile app that allow fans to buy tickets and access exclusive content. Investors who are looking for exposure to the live entertainment industry may want to consider investing in Live Nation Entertainment. The company is a leader in the industry, with a strong global presence and a diversified business model. Live Nation Entertainment has a proven track record of delivering shareholder value, and its shares offer an attractive valuation at current levels.