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Leisure Q3 Earnings on Nov. 5: How Will LYV, MAT, WYNN & PLNT Fare?
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Key Takeaways
Live Nation's revenues are expected to grow 12.6% to $9.57 billion on concert demand and fan spending.
Mattel's sales are projected to rise 6.8% to $1.85 billion, driven by Hot Wheels and IP expansion.
WYNN faces Macau gaming weakness, while Planet Fitness gains from club expansion and membership growth.
The leisure industry is likely to have benefited from sustained interest in experiential spending, resilient demand for entertainment and ongoing investments in customer engagement. Live events, gaming, recreational fitness and toys continue to attract consumer interest, while companies are focusing on expanding their offerings, enhancing guest experiences and improving operational efficiency. Innovation, strategic initiatives and effective cost management are likely to have supported industry performance.
The live entertainment companies are expected to have gained from continued demand for concerts, festivals and other large-scale events. Strong audience interest, an expanding event calendar and opportunities to monetize premium experiences could have supported revenue growth. Meanwhile, casino operators are likely to have benefited from steady demand for gaming and hospitality experiences, with room bookings, food and beverage spending, and other non-gaming activities potentially contributing to performance.
The fitness and recreation segment is likely to have benefited from rising consumer interest in health, wellness and active lifestyles. Membership growth, improved retention rates and the addition of new facilities could have aided business momentum. At the same time, the toy industry may have gained from product innovation, popular entertainment franchises and seasonal demand. However, elevated operating expenses, cautious consumer spending and competitive pressures remain key challenges for leisure companies.
Per the latest Earnings Preview, total earnings of the Zacks Consumer Discretionary sector are expected to rise 8.3% year over year. Revenues for the sector are expected to increase 0.3% year over year.
Companies in the broader Consumer Discretionary sector like Live Nation Entertainment, Inc. (LYV - Free Report) , Mattel, Inc. (MAT - Free Report) , Wynn Resorts, Limited (WYNN - Free Report) and Planet Fitness, Inc. (PLNT - Free Report) are set to report third-quarter 2026 earnings on Nov. 5.
Sneak Peek Into Upcoming Earnings Releases
According to the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Live Nation Entertainment is scheduled to report results after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 78%.
Live Nation’s third-quarter top line is likely to have benefited from healthy global concert demand, increased fan attendance and a strong event calendar. Higher on-site spending at venues, continued Ticketmaster momentum and growth in amphitheater attendance may have further supported revenues. On the bottom-line front, increased attendance and improved spending per fan could have aided profitability. However, venue pre-opening expenses, festival-related costs and investments in new venues may have partly offset these benefits.
The Zacks Consensus Estimate for third-quarter earnings per share (EPS) is pegged at $1.50, indicating growth of 105.5% from 73 cents reported in the year-ago quarter.
Mattel is scheduled to report results on Nov. 5, after the closing bell.
Mattel’s third-quarter revenues are likely to have gained from sustained demand for Hot Wheels, product innovation and the expansion of its intellectual property across toys and entertainment. New building sets and entertainment-linked merchandise may also have supported sales. On the earnings front, ongoing cost-saving initiatives and operational efficiencies are likely to have provided some support. However, tariff-related expenses, input cost inflation, higher royalties and increased marketing and selling expenses may have weighed on margins.
The Zacks Consensus Estimate for third-quarter earnings per share is pegged at 94 cents, up 5.6% year over year. For revenues, the consensus mark is pegged at $1.85 billion. The metric indicates a gain of 6.8% from the year-ago quarter’s figure. (Read more: Mattel to Post Q3 Earnings: What's in the Cards for the Stock?)
The company has an Earnings ESP of -10.16% and a Zacks Rank #4 (Sell).
Wynn Resorts is scheduled to report results on Nov. 5, after the closing bell. WYNN’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, with the average miss being 1.11%.
Wynn Resorts’ third-quarter revenues are likely to have faced pressure from softer gaming volumes in Macau, an unfavorable casino hold in Las Vegas and ongoing room renovations at Encore. Although resilient premium leisure demand and strength in Macau’s mass-market segment may have provided some cushion, these headwinds are likely to have limited top-line growth. The bottom line may have been hurt by higher labor costs, increased operating expenses, renovation-related revenue losses and continued investments in premium guest experiences.
The Zacks Consensus Estimate for third-quarter EPS is pegged at 58 cents, indicating a decline of 32.6% from the 86 cents reported in the year-ago quarter. For revenues, the consensus mark is pegged at nearly $1.77 billion, suggesting a fall of 3.4% from the prior-year quarter’s figure. (Read more: Wynn Resorts to Post Q3 Earnings: What's in Store for the Stock?)
The company has an Earnings ESP of -17.59% and a Zacks Rank #4.
Planet Fitness is slated to release results after the opening bell. In the last reported quarter, the company delivered an earnings beat of 3.5%.
Planet Fitness’ third-quarter revenues are likely to have benefited from continued club expansion, higher Black Card membership penetration and increased franchise-related income. Demand for replacement fitness equipment, membership rate increases and improved member engagement through digital initiatives may also have supported the top line. On the bottom-line front, franchise revenue growth, operating efficiencies and share repurchases could have aided earnings. However, higher club operating expenses, equipment-related costs and increased interest expenses may have partially offset these gains.
The Zacks Consensus Estimate for PLNT’s third-quarter 2026 revenues is pegged at $342.1 million, indicating a year-over-year increase of 3.6%. The consensus estimate for the earnings per share is pegged at 80 cents, flat year over year.
The company has an Earnings ESP of +0.53% and a Zacks Rank #3.
View the Zacks #1 Rank List
Image: Bigstock
Leisure Q3 Earnings on Nov. 5: How Will LYV, MAT, WYNN & PLNT Fare?
Key Takeaways
The leisure industry is likely to have benefited from sustained interest in experiential spending, resilient demand for entertainment and ongoing investments in customer engagement. Live events, gaming, recreational fitness and toys continue to attract consumer interest, while companies are focusing on expanding their offerings, enhancing guest experiences and improving operational efficiency. Innovation, strategic initiatives and effective cost management are likely to have supported industry performance.
The live entertainment companies are expected to have gained from continued demand for concerts, festivals and other large-scale events. Strong audience interest, an expanding event calendar and opportunities to monetize premium experiences could have supported revenue growth. Meanwhile, casino operators are likely to have benefited from steady demand for gaming and hospitality experiences, with room bookings, food and beverage spending, and other non-gaming activities potentially contributing to performance.
The fitness and recreation segment is likely to have benefited from rising consumer interest in health, wellness and active lifestyles. Membership growth, improved retention rates and the addition of new facilities could have aided business momentum. At the same time, the toy industry may have gained from product innovation, popular entertainment franchises and seasonal demand. However, elevated operating expenses, cautious consumer spending and competitive pressures remain key challenges for leisure companies.
Per the latest Earnings Preview, total earnings of the Zacks Consumer Discretionary sector are expected to rise 8.3% year over year. Revenues for the sector are expected to increase 0.3% year over year.
Companies in the broader Consumer Discretionary sector like Live Nation Entertainment, Inc. (LYV - Free Report) , Mattel, Inc. (MAT - Free Report) , Wynn Resorts, Limited (WYNN - Free Report) and Planet Fitness, Inc. (PLNT - Free Report) are set to report third-quarter 2026 earnings on Nov. 5.
Sneak Peek Into Upcoming Earnings Releases
According to the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Live Nation Entertainment is scheduled to report results after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 78%.
Live Nation’s third-quarter top line is likely to have benefited from healthy global concert demand, increased fan attendance and a strong event calendar. Higher on-site spending at venues, continued Ticketmaster momentum and growth in amphitheater attendance may have further supported revenues. On the bottom-line front, increased attendance and improved spending per fan could have aided profitability. However, venue pre-opening expenses, festival-related costs and investments in new venues may have partly offset these benefits.
The Zacks Consensus Estimate for third-quarter earnings per share (EPS) is pegged at $1.50, indicating growth of 105.5% from 73 cents reported in the year-ago quarter.
For revenues, the consensus mark is pegged at nearly $9.57 billion, suggesting an increase of 12.6% from the prior-year quarter’s figure. (Read more: Live Nation to Post Q3 Earnings: What's in the Cards for the Stock?)
The company has an Earnings ESP of +0.62% and a Zacks Rank #5 (Strong Sell). You can see the complete list of today’s Zacks #1 Rank stocks here.
Live Nation Entertainment, Inc. Price and EPS Surprise
Live Nation Entertainment, Inc. price-eps-surprise | Live Nation Entertainment, Inc. Quote
Mattel is scheduled to report results on Nov. 5, after the closing bell.
Mattel’s third-quarter revenues are likely to have gained from sustained demand for Hot Wheels, product innovation and the expansion of its intellectual property across toys and entertainment. New building sets and entertainment-linked merchandise may also have supported sales. On the earnings front, ongoing cost-saving initiatives and operational efficiencies are likely to have provided some support. However, tariff-related expenses, input cost inflation, higher royalties and increased marketing and selling expenses may have weighed on margins.
The Zacks Consensus Estimate for third-quarter earnings per share is pegged at 94 cents, up 5.6% year over year. For revenues, the consensus mark is pegged at $1.85 billion. The metric indicates a gain of 6.8% from the year-ago quarter’s figure. (Read more: Mattel to Post Q3 Earnings: What's in the Cards for the Stock?)
The company has an Earnings ESP of -10.16% and a Zacks Rank #4 (Sell).
Mattel, Inc. Price and EPS Surprise
Mattel, Inc. price-eps-surprise | Mattel, Inc. Quote
Wynn Resorts is scheduled to report results on Nov. 5, after the closing bell. WYNN’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, with the average miss being 1.11%.
Wynn Resorts’ third-quarter revenues are likely to have faced pressure from softer gaming volumes in Macau, an unfavorable casino hold in Las Vegas and ongoing room renovations at Encore. Although resilient premium leisure demand and strength in Macau’s mass-market segment may have provided some cushion, these headwinds are likely to have limited top-line growth. The bottom line may have been hurt by higher labor costs, increased operating expenses, renovation-related revenue losses and continued investments in premium guest experiences.
The Zacks Consensus Estimate for third-quarter EPS is pegged at 58 cents, indicating a decline of 32.6% from the 86 cents reported in the year-ago quarter. For revenues, the consensus mark is pegged at nearly $1.77 billion, suggesting a fall of 3.4% from the prior-year quarter’s figure. (Read more: Wynn Resorts to Post Q3 Earnings: What's in Store for the Stock?)
The company has an Earnings ESP of -17.59% and a Zacks Rank #4.
Wynn Resorts, Limited Price and EPS Surprise
Wynn Resorts, Limited price-eps-surprise | Wynn Resorts, Limited Quote
Planet Fitness is slated to release results after the opening bell. In the last reported quarter, the company delivered an earnings beat of 3.5%.
Planet Fitness’ third-quarter revenues are likely to have benefited from continued club expansion, higher Black Card membership penetration and increased franchise-related income. Demand for replacement fitness equipment, membership rate increases and improved member engagement through digital initiatives may also have supported the top line. On the bottom-line front, franchise revenue growth, operating efficiencies and share repurchases could have aided earnings. However, higher club operating expenses, equipment-related costs and increased interest expenses may have partially offset these gains.
The Zacks Consensus Estimate for PLNT’s third-quarter 2026 revenues is pegged at $342.1 million, indicating a year-over-year increase of 3.6%. The consensus estimate for the earnings per share is pegged at 80 cents, flat year over year.
The company has an Earnings ESP of +0.53% and a Zacks Rank #3.
Planet Fitness, Inc. Price and EPS Surprise
Planet Fitness, Inc. price-eps-surprise | Planet Fitness, Inc. Quote