Recap: Tencent Music Enter Gr Q4 Earnings

Tencent Music Enter Gr TME reported its Q4 earnings results on Tuesday, March 19, 2024 at 05:00 AM.

Here's what investors need to know about the announcement.

Tencent Music Enter Gr missed estimated earnings by 0.0%, reporting an EPS of $0.14 versus an estimate of $0.14.

Revenue was down $106.00 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 8.0% increase in the share price the next day.

Here's a look at Tencent Music Enter Gr's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.12	0.14	0.11	0.13
EPS Actual	0.12	0.13	0.13	0.13
Revenue Estimate	860.29M	1.03B	985.62M	1.07B
Revenue Actual	900.00M	1.00B	1.02B	1.08B

To track all earnings releases for Tencent Music Enter Gr visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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