Dwell Nation Leisure, Inc. (LYV) Analyst/Investor Day Transcript


Q3: 2025-11-04 Earnings Abstract

EPS of $0.73 misses by $0.76

 | Income of $8.50B (11.08% Y/Y) misses by $108.30M

Dwell Nation Leisure, Inc. (LYV) Analyst/Investor Day November 5, 2025 1:00 PM EST

Firm Members

Michael Rapino – President, CEO & Director
Omar Al-Joulani – Co-President of U.S. Concert events & President of Touring
Jordan Zachary – Co-President of U.S. Concert events & President of Areas U.S. Concert events
Russell Wallach – International President of Sponsorship & Promoting Division
Saumil Mehta
Joe Berchtold – President & CFO

Convention Name Members

Kutgun Maral – Evercore ISI Institutional Equities, Analysis Division
Stephen Laszczyk – Goldman Sachs Group, Inc., Analysis Division
Cameron Mansson-Perrone – Morgan Stanley, Analysis Division
David Joyce – Seaport Analysis Companions
Robert Fishman – MoffettNathanson LLC
Benjamin Soff – Deutsche Financial institution AG, Analysis Division
Peter Supino – Wolfe Analysis, LLC
Ian Moore – Sanford C. Bernstein & Co., LLC., Analysis Division
Peter Henderson – BofA Securities, Analysis Division

Presentation

Michael Rapino
President, CEO & Director

Thanks all for popping over at 1:00. We received about 40 minutes of slides, after which we’ll do some Q&A. We have got some work to do right now to get you all excited once more about our long-term progress. So let’s begin off with the overriding slide and a few of the debate final evening. That is an business the place we proceed to see and predict up — we put 2030 right here however onward. However this will likely be an amazing business when it comes to demand provide. We expect IT‘s as much as a $50 billion enterprise by the point 2030. And in case you have a look at sort of the expansion charges, proper, traditionally, this has been about an 8% annual progress business. We had at all times delivered near that or just a little greater.

I feel we instructed you final yr, as soon as we get to the lumpiness post-COVID, we count on this to be a long-term continued 8% annual business progress, and we’ll at all times by some means ship greater than the business traditionally. We nonetheless consider that is the reply. We expect ’25 was nonetheless


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