Live Nation Entertainment, Inc. (LYV) Analyst/Investor Daily Report Card
Q3: 2025-11-04 Revenue Summary
EPS $0.73 Failed by $0.76
| revenue $8.5 billion (11.08%Y/Y) $108.30M loss
Live Nation Entertainment Co., Ltd. (lie) Analyst/Investor Day November 5, 2025, 1:00 PM EST
corporate participant
Michael Rapin – President, CEO and Director
Omar Al-Joulani – Co-Chairman of American Concerts and Chairman of Touring
Jordan Zachary – Concerts of America Co-Chairman and Regional President of Concerts of America
Russell Wallach – Global President, Sponsorships and Advertising
Saumil Meth
Joe Berchtold – President and CFO
conference call participants
Kutgun Maral – Evercore ISI Institutional Equities, Research Division
Stephen Laszczyk – Goldman Sachs Group, Inc., Research Division
Cameron Mansson-Perrone – Morgan Stanley, Research Department
David Joyce – Port Research Partner
Robert Fishman – MoffettNathanson LLC
Benjamin Soff – Deutsche Bank AG, Research Division
Peter Supino – Wolfe Research, LLC
Ian Moore – Sanford C. Bernstein & Co., LLC., Research Division
Peter Henderson – BofA Securities, Research Division
presentation
Michael Rapinoe
President, CEO and Director
Thank you to everyone who came at 1 o’clock. We will present slides for approximately 40 minutes and then conduct Q&A. We have work to do today to get you all excited again about long-term growth. So let’s start with the most important slides and arguments from last night. This is an industry we continue to watch and predict. We have 2030 here, but we will move forward beyond that. However, it will be a great industry in terms of supply and demand. We expect this business to reach up to $50 billion by 2030. And if you look at the growth rate, historically this has been a growth industry of about 8% per year. We’ve always delivered close to that level or a little higher.
I think I said it last year. Once we get into the post-COVID-19 disruption, we expect this to continue to be 8% annual industry growth over the long term, and we will always somehow deliver more than the industry has historically. We still believe that’s the answer. I think we still have 25 years
