Tencent Music Enter Gr (NYSE:TME) reported its Q4 earnings results on Monday, March 21, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Tencent Music Enter Gr beat estimated earnings by 14.29%, reporting an EPS of $0.08 versus an estimate of $0.07.
Revenue was down $83.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 0.13% drop in the share price the next day.
Here's a look at Tencent Music Enter Gr's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.1 | 0.09 | 0.12 |
| EPS Actual | 0.09 | 0.1 | 0.11 | 0.12 |
| Revenue Estimate | 1.23B | 1.26B | 1.20B | 1.28B |
| Revenue Actual | 1.21B | 1.24B | 1.19B | 1.28B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
