What factors drive LYV's EPS surprises in 2024?

The EPS surprise for Live Nation Entertainment, Inc. (LYV) in Fiscal 2024Q4 was $1.59. This positive surprise indicates that the company's actual performance exceeded analysts' expectations. Several factors contributed to this outcome:

1. **Strategic Investments in New Venues**: Live Nation has made significant investments in new venues and events, which have contributed to its growth. These investments likely led to increased revenue and profitability.
2. **Global Demand for Live Music**: The global demand for live music has been strong, driving ticket sales and sponsorship revenues for Live Nation. This demand likely resulted in higher revenues and better seat sales, leading to improved EPS.
3. **Record-Breaking Financial Results**: Live Nation reported record-breaking financial results for 2024, with an operating income of $825 million and an adjusted operating income. This performance indicates a strong underlying business that contributed to the EPS surprise.

In summary, LYV's EPS surprise in 2024Q4 can be attributed to strategic investments in new venues, global demand for live music, and record-breaking financial results. These factors collectively contributed to the company's strong financial performance, leading to an EPS surprise that exceeded analysts' expectations.