NYSE:TME

Tencent Music Entertainment Group Earnings Date, Estimates & History

$10.57
-0.07 (-0.66 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$10.43
$10.84
50-Day Range
$9.96
$16.35
52-Week Range
$9.51
$32.25
Volume9.83 million shs
Average Volume19.47 million shs
Market Capitalization$17.73 billion
P/E Ratio28.57
Dividend YieldN/A
Beta1.04

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
8/16/2021
(Confirmed)
 $0.09       
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
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