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Tencent Music Enter Gr Q1 Adj EPADS $0.13 Beats $0.11 Estimate, Sales $1.02B Beat $985.62M Estimate

Benzinga ·  May 16, 2023 05:07

Tencent Music Enter Gr (NYSE:TME) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.11 by 18.18 percent. This is a 44.44 percent increase over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $1.02 billion which beat the analyst consensus estimate of $985.62 million by 3.49 percent. This is a 2.67 percent decrease over sales of $1.05 billion the same period last year.

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