Benzinga | Mar 22, 2021 04:06PM EDT

Tencent Music Q4 ADS $0.11 Misses $0.12 Estimate, Sales $1.28B Miss $1.28B Estimate

Tencent Music (NYSE:TME) reported quarterly earnings of $0.11 per share which missed the analyst consensus estimate of $0.12 by 8.33 percent. This is a 8.33 percent decrease over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $1.28 billion which missed the analyst consensus estimate of $1.28 billion by 0.23 percent. This is a 21.85 percent increase over sales of $1.05 billion the same period last year.