Sponsored Links 
Ticketmaster Slips as Q2 Misses
Print
ShareShares of Ticketmaster Entertainment Inc. (TKTM) have slipped approximately 8% so far today after second-quarter results came in behind expectations.
The company reported adjusted earnings of 20 cents per share, missing the Zacks Consensus Estimate by 20%.
Revenue declined 7% to $355.1 million, as ticketing volumes dipped 11% while average revenue per ticket fell 7%.
Meanwhile, the Zacks Consensus Estimate for the full year is down 2 cents, or 2.4%, to 83 cents per share over the past week.
TKTM, a Zacks #4 Rank ("Sell") stock, is trading on unusually heavy volume of about 981,000, compared to the average daily volume of about 353,000.
Read the full analyst report on TKTM
Loading Stories...
0.00 %
