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

Tencent Music Entertainment Group logo
$11.07 +0.26 (+2.41%)
(As of 11/15/2024 ET)

Tencent Music Entertainment Group Latest Earnings Summary

Upcoming Q3
Earnings Date
Mar. 18Estimated
Actual EPS
(Aug. 13)
$0.15 Missed By -$0.01
Consensus EPS
(Aug. 13)
$0.16

Tencent Music Entertainment Group posted Q2 2024 earnings on August 13, 2024, reporting an EPS of $0.15, which missed the consensus estimate of $0.16 by $0.01. Quarterly revenue was reported to be $985 million, below analyst estimates of $1 billion. With a trailing EPS of $0.54 and a P/E Ratio of 20.50, Tencent Music Entertainment Group's earnings are expected to grow 26.98% next year, from $0.63 to $0.80 per share.

TME Upcoming Earnings

Tencent Music Entertainment Group's next earnings date is estimated for Tuesday, March 18, 2025, based off prior year's reporting schedules.

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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:$0.63 EPS
Next Year EPS Consensus Estimate: $0.80 EPS

Tencent Music Entertainment Group Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
3/18/2025
(Estimated)
------- 
8/13/2024Q2 2024$0.16$0.15 -$0.01$0.15$1.00B$985.00M
5/13/2024Q1 2024$0.13$0.14+$0.01$0.15$904.29M$937.00M  
3/19/2024Q4 2023$0.12$0.13+$0.01$0.14$925.06M$971.00M  
11/14/2023Q3 2023$0.11$0.74+$0.63$0.12$6.28B$6.57B      
8/15/2023Q2 2023$0.88$0.82 -$0.06$0.13$7.30B$7.29B      
5/16/2023Q1 2023$0.10$0.12+$0.02$0.13-$1.02B  
3/21/2023Q4 2022$0.12$0.12-$0.13$1.07B$1.08B  

Tencent Music Entertainment Group Earnings - Frequently Asked Questions

Tencent Music Entertainment Group has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, March 18th, 2025 based off last year's report dates. Learn more on TME's earnings history.

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.

Tencent Music Entertainment Group (NYSE:TME) has a recorded annual revenue of $3.91 billion.

Tencent Music Entertainment Group (NYSE:TME) has a recorded net income of $695.20 million. TME has generated $0.54 earnings per share over the last four quarters.

Tencent Music Entertainment Group (NYSE:TME) has a trailing price-to-earnings ratio of 20.50 and a forward price-to-earnings ratio of 17.57. The price/earnings-to-growth ratio is 0.8.

Tencent Music Entertainment Group's earnings are expected to grow from $0.63 per share to $0.80 per share in the next year, which is a 26.98% increase.

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This page (NYSE:TME) was last updated on 11/17/2024 by MarketBeat.com Staff
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