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Tencent Music Q3 Adj. EPS $0.12 Beats $0.07 Estimate, Sales $1.04B Miss $1.23B Estimate

Benzinga Real-time News ·  Nov 15, 2022 05:01

Tencent Music (NYSE:TME) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $0.07 by 71.43 percent. This is a 33.33 percent increase over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $1.04 billion which missed the analyst consensus estimate of $1.23 billion by 15.45 percent. This is a 14.12 percent decrease over sales of $1.21 billion the same period last year.

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