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Actionable news in LYV: LIVE NATION ENTERTAINMENT Inc,

Live Nation (LYV) Stock Soars in After-Hours Trading on Q2 Beat, Ticket Sales

NEW YORK (TheStreet) -- Shares of Live Nation Entertainment (LYV) are jumping 11.54% to $28.71 in after-hours trading on Thursday after the company's 2016 second quarter report showed increased revenue and higher ticket sales.

After today's market close, the Beverly Hills-based entertainment company said revenue for the period was $2.2 billion. This topped analysts' estimates of $1.88 billion.

The company also reported earnings of 13 cents per diluted share, higher than analysts' projections of 8 cents per share.

Sales in Live Nation's core concert ticket business grew 9.3% to 40.2...


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