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NYSE:TME

Tencent Music Entertainment Group Earnings Date, Estimates & History

$16.44
+0.03 (+0.18 %)
(As of 12/2/2020 12:00 AM ET)
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Today's Range
$16.07
Now: $16.44
$16.55
50-Day Range
$14.01
MA: $15.49
$17.00
52-Week Range
$9.22
Now: $16.44
$17.97
Volume10.14 million shs
Average Volume9.46 million shs
Market Capitalization$26.85 billion
P/E Ratio49.82
Dividend YieldN/A
Beta1.37

Earnings

Tencent Music Entertainment Group (NYSE:TME) Earnings Information

Tencent Music Entertainment Group last released its quarterly earnings data on November 10th, 2020. The reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.71. The company had revenue of $7.58 billion for the quarter, compared to analysts' expectations of $7.46 billion. Its revenue for the quarter was up 16.4% compared to the same quarter last year. Tencent Music Entertainment Group has generated $0.37 earnings per share over the last year and currently has a price-to-earnings ratio of 49.8. Tencent Music Entertainment Group has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, March 15th, 2021 based off prior year's report dates.

Tencent Music Entertainment Group Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

Tencent Music Entertainment Group (NYSE:TME) Earnings Estimates

2020 EPS Consensus Estimate: $0.30
2021 EPS Consensus Estimate: $0.41
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20201$0.07$0.07$0.07
Q2 20201$0.06$0.06$0.06
Q3 20201$0.07$0.07$0.07
Q4 20202$0.08$0.11$0.10
Q1 20211$0.09$0.09$0.09
Q2 20211$0.10$0.10$0.10
Q3 20211$0.11$0.11$0.11
Q4 20211$0.11$0.11$0.11

Tencent Music Entertainment Group (NYSE TME) Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSGAAP EPSRevenue EstimateActual RevenueConference CallDetails
3/15/2021
(Estimated)
       
11/10/20209/30/2020$0.09$0.80$0.12$7.46 billion$7.58 billionTranscript
8/10/2020Q2 2020$0.08$0.09$0.10$971.95 million$981.00 millionN/A
5/11/20203/31/2020$0.08$0.66$0.09$6.30 billion$6.31 billionTranscript
3/16/202012/31/2019$0.09$0.80$0.13$7.08 billion$7.29 billionTranscript
11/11/20199/30/2019$0.08$0.74$0.09$6.43 billion$6.51 billionTranscript
8/12/2019Q2 2019$0.08$0.09$0.10$872.51 million$859.00 millionN/A
5/13/2019Q1 2019$0.08$0.10$0.11$861.27 million$855.00 millionN/A
3/19/201912/31/2018$0.04$0.57($0.06)$5.24 billion$5.40 billionListen
(Earnings results data provided by Zacks Investment Research)
This page was last updated on 12/3/2020 by MarketBeat.com Staff

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