LN Earnings Release Thursday

Despite a rapidly rising share price since the New Year, Wall Street analysts have become increasingly bearish leading up to Live Nation’s fourth quarter earnings release Feb. 23.

Consensus estimates are a loss of $0.29 per share, ranging from a loss of 35 cents to 23 cents, according to investment website The Motley Fool.

Analysts think investors should stand pat on LYV stock, with two of three rating it a hold. However, the stock has been on a tear this year, rising 25 percent. The share price is still down 8 percent from one year ago, however.

Analysts predict $1.09 billion in revenue this quarter, a decline of 12 percent from the same quarter last year.