Tencent Music Entertainment Group expected to post earnings of CNY1.32 a share - Earnings Preview

Reuters
05-09
<a href="https://laohu8.com/S/TCMEF">Tencent Music Entertainment Group</a> <tme.n> expected to post earnings of CNY1.32 a share - Earnings Preview </tme.n>
  • Tencent Music Entertainment Group TME.N, TME is expected to show a rise in quarterly revenue when it reports results on May 13 for the period ending March 31 2025

  • The Shenzhen Guangdong-based company is expected to report a 7.4% increase in revenue to CNY7.27 billion from CNY6.77 billion a year ago, according to the mean estimate from 12 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Tencent Music Entertainment Group is for earnings of CNY1.32 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 27 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Tencent Music Entertainment Group is $16.75​, above​ its last closing price of $14.21. ​​​

Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Dec. 31 2024

1.27

1.29

1.47

Beat

13.7

Sep. 30 2024

1.22

1.21

1.16

Missed

-3.8

Jun. 30 2024

1.17

1.17

1.19

Beat

1.3​

Mar. 31 2024

1.02

1.02

1.09

Beat

7.1

​​Dec. 31 2023

0.98

0.98

1.00

Beat

2.5

Sep. 30 2023

0.88

0.88

0.89

Beat

1​

Jun. 30 2023

0.97

0.98

0.97

Missed

-1.3

Mar. 31 2023

0.80

0.79

0.89

Beat

12.2

This summary was machine generated May 9 at 15:05 GMT. All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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