Tencent Music Entertainment Group Earnings Date, Estimates & History

-0.07 (-0.66 %)
(As of 07/30/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume9.83 million shs
Average Volume19.47 million shs
Market Capitalization$17.73 billion
P/E Ratio28.57
Dividend YieldN/A

Tencent Music Entertainment Group (NYSE:TME) Earnings Information

Tencent Music Entertainment Group last announced its earnings results on May 16th, 2021. The reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.59. The firm earned $7.82 billion during the quarter, compared to the consensus estimate of $7.77 billion. Its quarterly revenue was up 23.9% compared to the same quarter last year. Tencent Music Entertainment Group has generated $0.40 earnings per share over the last year ($0.37 diluted earnings per share) and currently has a price-to-earnings ratio of 28.6. Earnings for Tencent Music Entertainment Group are expected to grow by 42.86% in the coming year, from $0.35 to $0.50 per share. Tencent Music Entertainment Group has confirmed that its next quarterly earnings report will be published on Monday, August 16th, 2021. Tencent Music Entertainment Group will be holding an earnings conference call on Monday, August 16th at 8:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "10157998".

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

2021 EPS Consensus Estimate: $0.35
2022 EPS Consensus Estimate: $0.45
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20212$0.08$0.10$0.09
Q2 20212$0.10$0.11$0.11
Q3 20212$0.08$0.08$0.08
Q4 20212$0.07$0.08$0.08
Q1 20221$0.10$0.10$0.10
Q2 20221$0.10$0.10$0.10
Q3 20221$0.12$0.12$0.12
Q4 20221$0.13$0.13$0.13

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

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueActions
5/16/20213/31/2021$0.10$0.69+$0.59$0.10$7.77 billion$7.82 billion  
3/21/202112/31/2020$0.11$0.80+$0.69$0.11$8.33 billion$8.34 billion  
11/10/20209/30/2020$0.09$0.80+$0.71$0.12$7.46 billion$7.58 billion  
8/10/2020Q2 2020$0.08$0.09+$0.01$0.10$971.95 million$981.00 million
5/11/20203/31/2020$0.08$0.66+$0.58$0.09$6.30 billion$6.31 billion  
3/16/202012/31/2019$0.09$0.80+$0.71$0.13$7.08 billion$7.29 billion  
11/11/20199/30/2019$0.08$0.74+$0.66$0.09$6.43 billion$6.51 billion  
8/12/2019Q2 2019$0.08$0.09+$0.01$0.10$872.51 million$859.00 million
5/13/2019Q1 2019$0.08$0.10+$0.02$0.11$861.27 million$855.00 million
3/19/201912/31/2018$0.04$0.57+$0.53($0.06)$5.24 billion$5.40 billion  
(Earnings results data provided by Zacks Investment Research)
This page was last updated on 8/1/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.