Shares of Tencent Music Enter Gr TME decreased 8.1% in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were flat 0.00% year over year to $0.10, which were in line with the estimate of $0.10.
Revenue of $1,240,000,000 rose by 26.40% year over year, which missed the estimate of $1,260,000,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Tencent Music Enter Gr hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Aug 16, 2021
Time: 08:00 PM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/tme/mediaframe/45586/indexr.html
Technicals
Company's 52-week high was at $32.25
52-week low: $9.51
Price action over last quarter: down 39.33%
Company Description
Tencent Music Entertainment Group is an online music entertainment platform in China. Its platform comprises online music, online karaoke and music-centric live streaming services, supported by content offerings, technology and data.
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