Beyoncé's upcoming Renaissance World Tour could earn the singer more than $2 billion, according to the financial publication Forbes.
The US business magazine said that the estimate was based on "optimistic" assumptions on the number of fans buying tickets and a high average ticket price of $700.
It added that the estimates also assumed that artists would take home a "considerable share" of merchandise proceeds and pay tour expenses of 20% of revenues.
The tour is due to kick off in Stockholm on 10 May and will be Beyoncé's first world tour in seven years.
There are no Irish shows on the tour.
The singer is set to play several UK dates, including London's Tottenham Hotspur Stadium, Cardiff's Principality Stadium, Murrayfield in Edinburgh, and Sunderland's Stadium of Light.
According to Forbes, the tour could gross up to $2.4 billion from tickets alone by the time it ends in September.
This would put it above the magazine's most optimistic estimate for Taylor Swift's ongoing The Eras Tour, which is $1.9 billion.
Forbes suggested that the more optimistic assumptions about tour earnings could be due to fans' heightened desire to attend in-person concerts following the coronavirus pandemic.
In February, the scramble for Beyoncé tickets caused online difficulties for vendors.
Named after Beyoncé's latest album, the Renaissance World Tour will help students at colleges and universities in 10 cities through scholarship funds.
In February, Beyoncé became the most decorated Grammy artist of all time after collecting her 32nd trophy at the 65th annual ceremony.
Source: Press Association