Tencent Music Enter Gr Q4 Adj. EPS $0.23 Beats $0.21 Estimate, Sales $1.236B Beat $1.200B Estimate

Tencent Music Entertainment Group (NYSE: TME) reported Q4 adjusted earnings per share of $0.23, exceeding the analyst estimate of $0.21 by 9.52%. This represents a 15% increase from $0.20 per share in the same quarter last year. The company's quarterly sales reached $1.236 billion, surpassing the expected $1.200 billion by 3%, and reflecting a 20.94% increase compared to $1.022 billion in the previous year.