Live Nation Entertainment Beats Q3 2026 Estimates as Revenue Rises 19% to $10.11B
Revenue of $10.11B vs. $9.60B expected and adjusted EPS of $1.69 vs. $1.51; revenue up 19% from a year earlier.
Live Nation Entertainment (LYV) beat estimates for the third quarter of 2026 on both revenue and adjusted EPS. Revenue was $10.11 billion, up 19% from a year earlier, above the $9.60 billion estimate, and adjusted EPS was $1.69, up 132% from a year earlier, above the $1.51 estimate.
Shares fell 0.2% in after-hours trading as of 4:10 p.m. ET, to $180.22 from a $180.65 close.
Q3 2026 scorecard
| Parameters | Expected | Actual | Beat/Miss |
|---|---|---|---|
| Adjusted EPS | $1.51 | $1.69 | Beat by 12% |
| Revenue | $9.60B | $10.11B | Beat by 5.2% |
| Change | YoY | QoQ |
|---|---|---|
| Adjusted EPS | ▲ 132% | ▲ 61% |
| Revenue | ▲ 19% | ▲ 32% |
By our calculation, revenue was $503.2 million above the estimate and adjusted EPS was $0.18 above it. The QoQ column compares with the previous quarter's revenue of $7.67 billion and adjusted EPS of $1.05. The YoY column compares with $8.50 billion and $0.73 in the same quarter a year earlier.
Track record
- EPS record. Adjusted EPS beat the estimate in 4 of the last 8 reports, including this one.
- Revenue record. Revenue beat the estimate in 6 of the last 8 reports.
- Revenue trend. Revenue over the last 5 reports, oldest first: $8.50 billion, $6.31 billion, $3.79 billion, $7.67 billion and $10.11 billion.
What to watch
- Next-quarter estimates. Consensus calls for EPS of -$1.11 and revenue of $7.06 billion next quarter, based on 9 analysts.
- Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 19% increase to $10.11 billion.
- Estimate record. Whether Live Nation Entertainment extends a record of beating EPS estimates in 4 of its last 8 reports.
- Related coverage. See our reports on Applied Optoelectronics, Karman, CarGurus and Assured Guaranty.
Sources: Results are from Live Nation Entertainment's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Live Nation Entertainment's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.
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