Analysts Are Updating Their Tencent Music Entertainment Group (NYSE:TME) Estimates After Its Full-Year Results [Yahoo! Finance]
Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME)
Last tencent music entertainment group american depositary shares, each representing two class a ordinary shares earnings: 3/16 04:15 pm
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Source: Yahoo! Finance
Tencent Music Entertainment Group reported CN¥28b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of CN¥3.11 beat expectations, being 2.8% higher than what the analysts expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Tencent Music Entertainment Group after the latest results. Check out our latest analysis for Tencent Music Entertainment Group Taking into account the latest results, the consensus forecast from Tencent Music Entertainment Group's 31 analysts is for revenues of CN¥28.6b in 2024. This reflects a reasonable 3.1% improvement in revenue compared to the last 12 months. Per-share earnings are expected to expand 18% to CN¥3.72. Before
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TME
News
- Tencent Music Entertainment Group Filed 2023 Annual Report on Form 20-FPR Newswire
- Tencent Music Entertainment Group to Report First Quarter 2024 Financial Results on May 13, 2024PR Newswire
- Returns On Capital Are Showing Encouraging Signs At Tencent Music Entertainment Group (NYSE:TME) [Yahoo! Finance]Yahoo! Finance
- Tencent Music Entertainment Group (NYSE:TME) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Tencent Music Entertainment Group Full Year 2023 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
TME
Earnings
- 3/19/24 - In-Line
TME
Sec Filings
- 4/18/24 - Form 6-K
- 4/18/24 - Form 20-F
- 4/15/24 - Form 6-K
- TME's page on the SEC website