Free Trial

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

$14.44
-0.33 (-2.23%)
(As of 07/18/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 13
Before Market Opens
Confirmed
Actual EPS
(May. 13)
$0.14 Beat By $0.01
Consensus EPS
(May. 13)
$0.13
Skip Charts & View Estimated and Actual Earnings Data

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 EPS Estimates

Current Year EPS Consensus Estimate:$0.62 EPS
Next Year EPS Consensus Estimate: $0.80 EPS

TME Earnings Date and Information

Tencent Music Entertainment Group last released its earnings results on May 13th, 2024. The reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.01. The business earned $937 million during the quarter, compared to analysts' expectations of $904.29 million. 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 31.4. Earnings for Tencent Music Entertainment Group are expected to grow by 29.03% in the coming year, from $0.62 to $0.80 per share. Tencent Music Entertainment Group has confirmed that its next quarterly earnings report will be published on Tuesday, August 13th, 2024. Tencent Music Entertainment Group will be holding an earnings conference call on Tuesday, August 13th at 7:00 AM Eastern. Interested parties can register for or listen to the call..

Tencent Music Entertainment Group Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/13/2024
(Confirmed)
-------  
5/13/2024Q1 2024$0.13$0.14+$0.01$0.15$904.29 million$937.00 million
3/19/2024Q4 2023$0.12$0.13+$0.01$0.14$925.06 million$971.00 million
11/14/2023Q3 2023$0.11$0.74+$0.63$0.12$6.28 billion$6.57 billion    
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  
8/10/2020Q2 2020$0.08$0.09+$0.01$0.10$971.95 million$981.00 million
5/11/2020Q1 2020$0.08$0.66+$0.58$0.09$6.30 billion$6.31 billion  
3/16/2020Q4 2019$0.09$0.80+$0.71$0.13$7.08 billion$7.29 billion  
11/11/2019Q3 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

Tencent Music Entertainment Group Earnings - Frequently Asked Questions

When is Tencent Music Entertainment Group's earnings date?

Tencent Music Entertainment Group has confirmed that its next quarterly earnings data will be published on Tuesday, August 13th, 2024. 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) reported $0.14 earnings per share (EPS) to beat the analysts' consensus estimate of $0.13 by $0.01. 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 31.39 and a forward price-to-earnings ratio of 23.29. The price/earnings-to-growth ratio is 1.13.

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

Tencent Music Entertainment Group's earnings are expected to grow from $0.62 per share to $0.80 per share in the next year, which is a 29.03% increase.


More Earnings Resources from MarketBeat

This page (NYSE:TME) was last updated on 7/19/2024 by MarketBeat.com Staff

From Our Partners