Investors never know what to expect for Live Nation
What analysts say:
- Buy, sell, or hold?: Analysts think investors should stand pat on Live Nation with two of three analysts rating it hold. Analysts don't like Live Nation as much as competitor Madison Square Garden overall. Three out of eight analysts rate Madison Square Garden a buy compared to one of three for Live Nation.
- Revenue forecasts: On average, analysts predict $1.09 billion in revenue this quarter. That would represent a decline of 12.1% from the year-ago quarter.
- Wall Street Earnings Expectations: The average analyst estimate is a loss of $0.29 per share. Estimates range from a loss of $0.35 to a loss of $0.23.
What our community says:
CAPS All-Stars are solidly backing the stock, with 83.1% granting it an "outperform" rating. The greater community agrees with the All-Stars, as 86% give it a rating of "outperform." Live Nation's bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
Management:
A year-over-year revenue decrease last quarter snaps a streak of three consecutive quarters of revenue increases.
Quarter | Q3 | Q2 | Q1 | Q4 |
Gross Margin | 28.1% | 27.0% | 35.6% | 28.2% |
Operating Margin | 5.9% | 3.4% | (8.5%) | (8.3%) |
Net Margin | 2.9% | 0.9% | (5.7%) | (11.3%) |
We can help you keep tabs on your companies with My Watchlist, our free, personalized service. Add Live Nation now.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Earnings estimates provided by Zacks.