NYSE • USD
Tencent Music Entertainment Group (TME)
At close: May 31 at 4:00 PM EDT
After hours: May 31 at 6:44 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 8 | 8 | 17 | 19 |
| Avg. Estimate | 0.17 | 0.17 | 0.67 | 0.8 |
| Low Estimate | 0.16 | 0.16 | 0.6 | 0.68 |
| High Estimate | 0.17 | 0.18 | 0.71 | 0.9 |
| Year Ago EPS | 0.14 | 0.12 | 0.53 | 0.67 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 10 | 9 | 27 | 26 |
| Avg. Estimate | 1B | 1.02B | 4.08B | 4.6B |
| Low Estimate | 982.11M | 995.04M | 3.99B | 4.38B |
| High Estimate | 1.02B | 1.04B | 4.38B | 4.93B |
| Year Ago Sales | -- | 913.25M | 3.9B | 4.08B |
| Sales Growth (year/est) | -- | 11.90% | 4.50% | 12.80% |
Earnings History
| CURRENCY IN USD | 6/30/2023 | 9/30/2023 | 12/31/2023 | 3/31/2024 |
|---|---|---|---|---|
| EPS Est. | 0.14 | 0.12 | 0.14 | 0.14 |
| EPS Actual | 0.14 | 0.12 | 0.14 | 0.15 |
| Difference | 0 | 0 | 0 | 0.01 |
| Surprise % | 0.00% | 0.00% | 0.00% | 7.10% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 0.17 | 0.17 | 0.67 | 0.8 |
| 7 Days Ago | 0.17 | 0.17 | 0.67 | 0.8 |
| 30 Days Ago | 0.15 | 0.16 | 0.61 | 0.73 |
| 60 Days Ago | 0.16 | 0.16 | 0.62 | 0.73 |
| 90 Days Ago | 0.15 | 0.15 | 0.57 | 0.66 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | 9 | 7 | 24 | 21 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | TME | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 21.40% | -- | -- | 8.90% |
| Next Qtr. | 41.70% | -- | -- | 11.40% |
| Current Year | 26.40% | -- | -- | 5.80% |
| Next Year | 19.40% | -- | -- | 12.60% |
| Next 5 Years (per annum) | 2.76% | -- | -- | 11.45% |
| Past 5 Years (per annum) | 6.79% | -- | -- | -- |
Research Analysis
Upgrades & Downgrades
| Maintains | Benchmark: Buy to Buy | 5/14/2024 |
| Maintains | Mizuho: Buy to Buy | 5/14/2024 |
| Maintains | Mizuho: Buy to Buy | 5/10/2024 |
| Maintains | Morgan Stanley: Overweight to Overweight | 3/20/2024 |
| Upgrade | Goldman Sachs: Neutral to Buy | 3/20/2024 |
| Maintains | Benchmark: Buy to Buy | 3/20/2024 |
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