Live Nation Entertainment earnings date
Live Nation Entertainment (3LN) Q3 2026 Earnings Report
DE:3LN Q3 2026 EPS Results
- Actual EPS
- EUR 1.53
- Consensus EPS
- EUR 1.36
- Beat/Miss
- Beat by +EUR 0.16
- One Year Ago EPS
- EUR 0.66
DE:3LN Q3 2026 Revenue Results
- Actual Revenue
- EUR 9.13B
- Expected Revenue
- EUR 8.68B
- Beat/Miss
- Beat by +EUR 454.89M
- YoY Revenue Growth
- +18.89%
Earnings Announcement Details
- Quarter
- Q3 2026
- Date
- 11/05/2026
- Time
- After Close
- Conference Call
- Thursday, November 5, 2026
Live Nation Entertainment's next earnings date is estimated for February 25, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
Q3 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q3 2026 Earnings Call Summary
The call was strongly positive. Live Nation reported record-level quarterly attendance, broad-based global growth, stronger-than-expected show performance, increased fan guidance, and upgraded Ticketmaster AOI guidance. The main challenges were preopening costs, lower margins on stadium fans, prepaid advertising write-offs affecting the fourth quarter, and the previously expected secondary-ticketing headwind, which management said was offset by sports performance.
Management guided concert fan growth to close to 180 million for the year, expects Ticketmaster to deliver high single-digit AOI growth for the year, and reiterated that concerts AOI growth for the full year will hit double digits. Venue Nation is expected to have about 75 million fans attend its venues worldwide, with roughly 20 million fan growth overall, while preopening costs will continue this year and for the next couple of years.
- Record Concert Attendance and Global GrowthConcert attendance exceeded 60 million in the quarter, the first time Live Nation reached that level, and was up almost 20%. North America and international markets both performed well, with international attendance up 29% and Latin America, Europe, and Asia each up at least 15%.
- Strong Stadium and Amphitheater PerformanceNorth America had a very strong amphitheater quarter, including its largest amphitheater month overall in September. Globally, stadiums represented over half of fan growth, with stadium performance up measurably in both North America and international markets.
- Concert Business Fan and AOI Outlook RaisedLive Nation guided toward close to 180 million concert fans for the year and reiterated its expectation for double-digit full-year AOI growth in concerts.
- Ticketmaster Growth and Guidance UpgradeTicketmaster added over 20 million net new tickets so far this year, particularly through international clients. The company raised its full-year Ticketmaster AOI outlook to high single-digit growth, supported by strong concert attendance and substantial third-quarter onsales for Harry Styles, Bruno Mars, Oasis, and Metallica.
- Concerts Driving Ticketing GrowthNinety-five percent of Ticketmaster's growth came from concerts, benefiting from the strong attendance at Live Nation shows.
- Venue Nation Expansion and Fan GrowthVenue Nation is expected to have approximately 75 million fans attend its venues worldwide. Live Nation also expects roughly 20 million fan growth overall, with comparable contributions from operated and non-operated venues; operated fans were described as having higher profitability and higher margin per fan.
- Broad Strength Across Venues and SponsorshipThe company reported continued strong consumer demand globally across operated and third-party venues. Newly opened U.S. amphitheaters had nearly full slates of shows and performed well, premium offerings remained strong, acquired European arenas were doing well, and sponsorship sales on the business-to-business side continued to perform well.
- Improved Show Sell-Through and Lower CancellationsShow sell-through rates were higher than last year and cancellation rates were lower. These trends, together with stronger-than-expected stadium volume despite World Cup-related logistics, were cited as the two largest factors behind the increase in expected attendance.
- Continued Venue Investment and Future RolloutLive Nation is continuing to ramp up its venue operations, including acquired and organically opened venues, and plans to provide more detail at its Investor Day on Venue Nation growth, AI impact, and investment over the next few years.
DE:3LN Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Feb 25, 2027 | 2026 (Q4) | -1.17- | -0.96 | ― | ― |
| Nov 05, 2026 | 2026 (Q3) | 1.361.53 | 0.66 | 131.51% (+0.87) | |
| Jul 30, 2026 | 2026 (Q2) | 0.600.95 | 0.37 | 156.10% (+0.58) | |
| May 05, 2026 | 2026 (Q1) | -0.32-1.67 | -0.29 | -478.13% (-1.38) | |
| Feb 19, 2026 | 2025 (Q4) | -0.92-0.96 | 0.52 | -282.76% (-1.48) | |
| Nov 04, 2025 | 2025 (Q3) | 1.190.66 | 1.5 | -56.02% (-0.84) | |
| Aug 07, 2025 | 2025 (Q2) | 0.930.37 | 0.93 | -60.19% (-0.56) | |
| May 01, 2025 | 2025 (Q1) | -0.37-0.29 | -0.48 | 39.62% (+0.19) | |
| Feb 20, 2025 | 2024 (Q4) | -1.010.52 | -1.07 | 149.15% (+1.59) | |
| Nov 11, 2024 | 2024 (Q3) | 1.451.50 | 1.61 | -6.74% (-0.11) |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
