S&P 500   4,337.44 (+0.40%)
DOW   34,006.88 (+0.13%)
QQQ   359.61 (+0.47%)
AAPL   176.08 (+0.74%)
MSFT   317.54 (+0.17%)
META   300.83 (+0.59%)
GOOGL   131.11 (+0.66%)
AMZN   131.27 (+1.67%)
TSLA   246.99 (+0.86%)
NVDA   422.22 (+1.47%)
NIO   8.34 (-2.23%)
BABA   87.20 (-1.25%)
AMD   97.38 (+1.23%)
T   15.06 (-0.40%)
F   12.59 (+1.29%)
MU   68.58 (-0.44%)
CGC   0.94 (+11.86%)
GE   111.70 (+0.40%)
DIS   81.01 (-0.30%)
AMC   8.15 (+6.82%)
PFE   32.98 (+0.89%)
PYPL   58.86 (+1.69%)
NFLX   384.80 (+1.31%)
S&P 500   4,337.44 (+0.40%)
DOW   34,006.88 (+0.13%)
QQQ   359.61 (+0.47%)
AAPL   176.08 (+0.74%)
MSFT   317.54 (+0.17%)
META   300.83 (+0.59%)
GOOGL   131.11 (+0.66%)
AMZN   131.27 (+1.67%)
TSLA   246.99 (+0.86%)
NVDA   422.22 (+1.47%)
NIO   8.34 (-2.23%)
BABA   87.20 (-1.25%)
AMD   97.38 (+1.23%)
T   15.06 (-0.40%)
F   12.59 (+1.29%)
MU   68.58 (-0.44%)
CGC   0.94 (+11.86%)
GE   111.70 (+0.40%)
DIS   81.01 (-0.30%)
AMC   8.15 (+6.82%)
PFE   32.98 (+0.89%)
PYPL   58.86 (+1.69%)
NFLX   384.80 (+1.31%)
S&P 500   4,337.44 (+0.40%)
DOW   34,006.88 (+0.13%)
QQQ   359.61 (+0.47%)
AAPL   176.08 (+0.74%)
MSFT   317.54 (+0.17%)
META   300.83 (+0.59%)
GOOGL   131.11 (+0.66%)
AMZN   131.27 (+1.67%)
TSLA   246.99 (+0.86%)
NVDA   422.22 (+1.47%)
NIO   8.34 (-2.23%)
BABA   87.20 (-1.25%)
AMD   97.38 (+1.23%)
T   15.06 (-0.40%)
F   12.59 (+1.29%)
MU   68.58 (-0.44%)
CGC   0.94 (+11.86%)
GE   111.70 (+0.40%)
DIS   81.01 (-0.30%)
AMC   8.15 (+6.82%)
PFE   32.98 (+0.89%)
PYPL   58.86 (+1.69%)
NFLX   384.80 (+1.31%)
S&P 500   4,337.44 (+0.40%)
DOW   34,006.88 (+0.13%)
QQQ   359.61 (+0.47%)
AAPL   176.08 (+0.74%)
MSFT   317.54 (+0.17%)
META   300.83 (+0.59%)
GOOGL   131.11 (+0.66%)
AMZN   131.27 (+1.67%)
TSLA   246.99 (+0.86%)
NVDA   422.22 (+1.47%)
NIO   8.34 (-2.23%)
BABA   87.20 (-1.25%)
AMD   97.38 (+1.23%)
T   15.06 (-0.40%)
F   12.59 (+1.29%)
MU   68.58 (-0.44%)
CGC   0.94 (+11.86%)
GE   111.70 (+0.40%)
DIS   81.01 (-0.30%)
AMC   8.15 (+6.82%)
PFE   32.98 (+0.89%)
PYPL   58.86 (+1.69%)
NFLX   384.80 (+1.31%)
NYSE:TME

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

$6.30
+0.02 (+0.32%)
(As of 09/25/2023 ET)
Compare
Today's Range
$6.09
▼
$6.36
50-Day Range
$6.03
▼
$7.38
52-Week Range
$3.14
▼
$9.29
Volume
5.54 million shs
Average Volume
6.87 million shs
Market Capitalization
$10.82 billion
P/E Ratio
15.01
Dividend Yield
N/A
Price Target
$8.72
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Earnings Summary

Upcoming
Earnings Date
Nov. 21Estimated
Actual EPS
(Aug. 15)
$0.82 Missed By -$0.06
Consensus EPS
(Aug. 15)
$0.88
Read Call Transcript
Listen to Call
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

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.

Tencent Music Entertainment Group Analyst Forecasts

Current Year EPS Consensus Estimate:$0.46 EPS
Next Year EPS Consensus Estimate: $0.53 EPS

TME Earnings Date and Information

Tencent Music Entertainment Group last issued its earnings data on August 15th, 2023. The reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by $0.06. The business earned $7.29 billion during the quarter, compared to analysts' expectations of $7.30 billion. Its revenue for the quarter was up 5.5% compared to the same quarter last year. Tencent Music Entertainment Group has generated $0.42 earnings per share over the last year ($0.42 diluted earnings per share) and currently has a price-to-earnings ratio of 15.0. Earnings for Tencent Music Entertainment Group are expected to grow by 15.22% in the coming year, from $0.46 to $0.53 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 21st, 2023 based off prior year's report dates.

Tencent Music Entertainment Group Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
11/21/2023
Estimated)		------- 
8/15/2023Q2 2023$0.88$0.82($0.06)$0.13$7.30 billion$7.29 billion    
5/16/2023Q1 2023$0.10$0.12+$0.02$0.13-$1.02 billion
3/21/2023Q4 2022$0.12$0.12-$0.13$1.07 billion$1.08 billion
11/15/2022Q3 2022$0.08$0.10+$0.02$0.11$1.01 billion$1.04 billion
8/15/2022Q2 2022$0.07$0.07-$0.06$1.02 billion$1.03 billion
5/16/2022Q1 2022$0.06$0.07+$0.01$0.08$6.65 billion$6.64 billion    
3/21/2022Q4 2021$0.07$0.06($0.01)$0.07$7.66 billion$7.61 billion    
11/7/2021Q3 2021$0.06$0.61+$0.55$0.09$7.80 billion$7.81 billion  
8/15/2021Q2 2021$0.08$0.66+$0.58$0.10$8.10 billion$8.01 billion    
5/16/2021Q1 2021$0.10$0.69+$0.59$0.10$7.77 billion$7.82 billion  
3/21/2021Q4 2020$0.11$0.80+$0.69$0.11$8.33 billion$8.34 billion  
11/10/2020Q3 2020$0.09$0.80+$0.71$0.12$7.46 billion$7.58 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 21st, 2023 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 $0.88 by $0.06 with a reported earnings per share (EPS) of $0.82. Learn more on analysts' earnings estimate vs. TME's actual earnings.

How can I listen to Tencent Music Entertainment Group's earnings conference call?

The conference call for Tencent Music Entertainment Group's latest earnings report can be listened to online. Listen to Conference Call

How can I read Tencent Music Entertainment Group's conference call transcript?

The conference call transcript for Tencent Music Entertainment Group's latest earnings report can be read online. Read Transcript

How much revenue does Tencent Music Entertainment Group generate each year?

Tencent Music Entertainment Group (NYSE:TME) has a recorded annual revenue of $4.11 billion.

How much profit does Tencent Music Entertainment Group generate each year?

Tencent Music Entertainment Group (NYSE:TME) has a recorded net income of $546.40 million. TME has generated $0.42 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 15.00 and a forward price-to-earnings ratio of 13.70. The price/earnings-to-growth ratio is 0.7.

What is Tencent Music Entertainment Group's EPS forecast for next year?

Tencent Music Entertainment Group's earnings are expected to grow from $0.46 per share to $0.53 per share in the next year, which is a 15.22% increase.


More Earnings Resources from MarketBeat

Related Companies:
Earnings Tools:
Earnings By Country:
Latest Articles:
This page (NYSE:TME) was last updated on 9/25/2023 by MarketBeat.com Staff

My Account -