Tencent Music Entertainment Group logo

TME

Tencent Music Entertainment Group

$11.88

Earnings Summary

Revenue
$7160Mn
Net Profits
$1682Mn
Net Profit Margins
23.49%

Highlights

Revenue:

Tencent Music Entertainment Group’s revenue jumped 9% since last year same period to $7160Mn in the Q2 2024. On a quarterly growth basis, Tencent Music Entertainment Group has generated 3.87% jump in its revenue since last 3-months.

Net Profits:

Tencent Music Entertainment Group’s net profit jumped 44.01% since last year same period to $1682Mn in the Q2 2024. On a quarterly growth basis, Tencent Music Entertainment Group has generated 28.79% jump in its net profits since last 3-months.

Net Profit Margins:

Tencent Music Entertainment Group’s net profit margin jumped 32.12% since last year same period to 23.49% in the Q2 2024. On a quarterly growth basis, Tencent Music Entertainment Group has generated 23.99% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Tencent Music Entertainment Group post its latest quarter earnings

EPS Estimate Current Quarter
0.17
EPS Estimate Current Year
0.17

Highlights

EPS Estimate Current Quarter:

Tencent Music Entertainment Group’s earning per share (EPS) estimates for the current quarter stand at 0.17 - a -85.47% fall from last quarter’s estimates.

EPS Estimate Current Year:

Tencent Music Entertainment Group’s earning per share (EPS) estimates for the current year stand at 0.17.

Key Ratios

Key ratios of the Tencent Music Entertainment Group post its Q2 2024 earnings

Earning Per Share (EPS)
1.19
Dividend Per Share (DPS)
0.14

Highlights

Earning Per Share (EPS):

Tencent Music Entertainment Group’s earning per share (EPS) jumped 22.68% since last year same period to 1.19 in the Q2 2024. This indicates that the Tencent Music Entertainment Group has generated 22.68% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Dividend Per Share (DPS):

Tencent Music Entertainment Group declared 0.14 dividend per share during the earnings announcement for Q2 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-08-13
1.17
1.19
1.71%
2024-04-18
1.02
1.1
7.84%