Tencent Music Entertainment Group (TME) Earnings Date, Estimates & Call Transcripts

$9.49

-0.02 (-0.21%)

(As of 09/16/2024 ET)

Upcoming Earnings Date: Nov. 12Estimated
Actual EPS (Aug. 13): $0.15 Missed By -$0.01
Consensus EPS (Aug. 13): $0.16

TME 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.

TME Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ad Porter & Company

War on Elon Escalates…

Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adoption of this technology for decades. By doing so he has put himself in the crosshairs of an ideological war with the global elites. And yet, while this new technology threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.

Click here to learn how you can benefit from its widespread distribution.

Tencent Music Entertainment Group Analyst EPS Estimates

Current Year EPS Consensus Estimate:$0.63 EPS
Next Year EPS Consensus Estimate: $0.79 EPS

TME Earnings Date and Information

Tencent Music Entertainment Group last released its quarterly earnings data on August 13th, 2024. The reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by $0.01. The company had revenue of $985 million for the quarter, compared to the consensus estimate of $1 billion. Tencent Music Entertainment Group has generated $0.46 earnings per share over the last year ($0.46 diluted earnings per share) and currently has a price-to-earnings ratio of 20.6. Earnings for Tencent Music Entertainment Group are expected to grow by 25.40% in the coming year, from $0.63 to $0.79 per share. Tencent Music Entertainment Group has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, November 12th, 2024 based off prior year's report dates.

Tencent Music Entertainment Group Earnings History by Quarter

Time Frame

Start Date

End Date

Export to Excel

Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
11/12/2024 (Estimated)	-	-	-	-	-	-	-
8/13/2024	Q2 2024	$0.16	$0.15	($0.01)	$0.15	$1.00 billion	$985.00 million
5/13/2024	Q1 2024	$0.13	$0.14	+$0.01	$0.15	$904.29 million	$937.00 million
3/19/2024	Q4 2023	$0.12	$0.13	+$0.01	$0.14	$925.06 million	$971.00 million
11/14/2023	Q3 2023	$0.11	$0.74	+$0.63	$0.12	$6.28 billion	$6.57 billion
8/15/2023	Q2 2023	$0.88	$0.82	($0.06)	$0.13	$7.30 billion	$7.29 billion
5/16/2023	Q1 2023	$0.10	$0.12	+$0.02	$0.13	-	$1.02 billion
Get the Latest News and Ratings for TME and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Tencent Music Entertainment Group and its competitors with MarketBeat's FREE daily newsletter.
3/21/2023	Q4 2022	$0.12	$0.12	-	$0.13	$1.07 billion	$1.08 billion
11/15/2022	Q3 2022	$0.08	$0.10	+$0.02	$0.11	$1.01 billion	$1.04 billion
8/15/2022	Q2 2022	$0.07	$0.07	-	$0.06	$1.02 billion	$1.03 billion
5/16/2022	Q1 2022	$0.06	$0.07	+$0.01	$0.08	$6.65 billion	$6.64 billion
3/21/2022	Q4 2021	$0.07	$0.06	($0.01)	$0.07	$7.66 billion	$7.61 billion
11/7/2021	Q3 2021	$0.06	$0.61	+$0.55	$0.09	$7.80 billion	$7.81 billion
8/15/2021	Q2 2021	$0.08	$0.66	+$0.58	$0.10	$8.10 billion	$8.01 billion
5/16/2021	Q1 2021	$0.10	$0.69	+$0.59	$0.10	$7.77 billion	$7.82 billion
3/21/2021	Q4 2020	$0.11	$0.80	+$0.69	$0.11	$8.33 billion	$8.34 billion
11/10/2020	Q3 2020	$0.09	$0.80	+$0.71	$0.12	$7.46 billion	$7.58 billion
8/10/2020	Q2 2020	$0.08	$0.09	+$0.01	$0.10	$971.95 million	$981.00 million
5/11/2020	Q1 2020	$0.08	$0.66	+$0.58	$0.09	$6.30 billion	$6.31 billion
3/16/2020	Q4 2019	$0.09	$0.80	+$0.71	$0.13	$7.08 billion	$7.29 billion
11/11/2019	Q3 2019	$0.08	$0.74	+$0.66	$0.09	$6.43 billion	$6.51 billion

Tencent Music Entertainment Group Earnings - Frequently Asked Questions

When is Tencent Music Entertainment Group's earnings date?: Tencent Music Entertainment Group has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, November 12th, 2024 based off last year's report dates. Learn more on TME's earnings history.
Did Tencent Music Entertainment Group beat their earnings estimates last quarter?: In the previous quarter, Tencent Music Entertainment Group (NYSE:TME) missed the analysts' consensus estimate of $0.16 by $0.01 with a reported earnings per share (EPS) of $0.15. Learn more on analysts' earnings estimate vs. TME's actual earnings.
How much revenue does Tencent Music Entertainment Group generate each year?: Tencent Music Entertainment Group (NYSE:TME) has a recorded annual revenue of $3.91 billion.
How much profit does Tencent Music Entertainment Group generate each year?: Tencent Music Entertainment Group (NYSE:TME) has a recorded net income of $695.20 million. TME has generated $0.46 earnings per share over the last four quarters.
What is Tencent Music Entertainment Group's price-to-earnings ratio?: Tencent Music Entertainment Group (NYSE:TME) has a trailing price-to-earnings ratio of 20.63 and a forward price-to-earnings ratio of 15.06. The price/earnings-to-growth ratio is 0.72.
What is Tencent Music Entertainment Group's EPS forecast for next year?: Tencent Music Entertainment Group's earnings are expected to grow from $0.63 per share to $0.79 per share in the next year, which is a 25.40% increase.