tiprankstipranks
Live Nation sees FY24 CapEx $540M
The Fly

Live Nation sees FY24 CapEx $540M

2024 growth expected to be more weighted toward 2Q and 3Q compared to previous years. 2024 capital expenditures estimated to be $540M, in line with prior years as a percentage of revenue. Approximately two-thirds will support revenue-generating projects, driven primarily by the expansion of and investment in our global venue portfolio. Four venues account for approximately one-third of this spend with total expected returns over 20%. Foreign exchange rates not currently expected to materially impact 2024 revenue, operating income or AOI.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on LYV:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles