TME - Tencent Music Entertainment Gears Up For Q1 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call | Benzinga
Tencent Music Entertainment Group (NYSE:TME) is expected to release earnings results for its first quarter, before the opening bell on May 13.
Analysts expect the Shenzhen, China-based company to report quarterly earnings at 14 cents per share, up from 12 cents per share in the year-earlier period. Tencent Music Entertainment is projected to report quarterly revenue of $916.95 million, compared to $980.64 million a year ago, according to data from Benzinga Pro.
On March 19, Tencent Music Entertainment reported a fourth-quarter revenue decline of 7.2% year-over-year to $971 million (CNY6.89 billion), beating the consensus of $932 ...