Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Live Nation Falls After Profit Misses Analyst’s Estimate

Live Nation Entertainment Inc., the world’s biggest ticket seller and concert promoter, dropped the most in more than three months after fourth-quarter profit fell short of some analysts’ estimates.

Live Nation, based in Beverly Hills, California, declined 6.6 percent to $9.81 at 11:36 a.m. New York time after retreating as much as 10 percent to mark the biggest intraday drop since Nov. 4.

Adjusted operating income fell 11 percent to $50.7 million from $56.8 million a year earlier, the company said in a statement yesterday. That missed the $53.2 million estimate of John Tinker, an analyst at Maxim Group LLC in New York with a “buy” rating on the stock. Revenue slid 4.2 percent to $1.19 billion, exceeding his $1.11 billion projection.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.