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CORRECTION: Tencent Music Entertainment Q2 Adj. EPADS $0.23 Beats $0.19 Estimate, Sales $1.178B Beat $1.100B Estimate

Benzinga Newsdesk 1 year ago

EarningsEarnings BeatsNews

Tencent Music Entertainment (NYSE:TME) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.19 by 21.05 percent. This is a 43.75 percent increase over earnings of $0.16 per share

Tencent Music Entertainment (NYSE:TME) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.19 by 21.05 percent. This is a 43.75 percent increase over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $1.178 billion which beat the analyst consensus estimate of $1.100 billion by 7.09 percent. This is a 19.59 percent increase over sales of $985.000 million the same period last year.

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