These Analysts Raise Their Forecasts On Tencent Music Entertainment After Q4 Results - Tencent Music...

Published on 20 Mar 2024 on Benzinga

These Analysts Raise Their Forecasts On Tencent Music Entertainment After Q4 Results - Tencent Music...

Tencent Music Entertainment Group TME reported better-than-expected fourth-quarter revenue on Tuesday.

Tencent Music Entertainment reported a fourth-quarter revenue decline of 7.2% year-over-year to $971 million (CNY6.89 billion), beating the consensus of $932 million. China’s leading online music and audio entertainment platform’s adjusted EPADS of $0.14 (CNY1.00) was in line with the consensus, according to data from Benzinga Pro.

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These Analysts Raise Their Forecasts On Tencent Music Entertainment After Q4 Results - Tencent Music...

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