Benzinga | Aug 16, 2021 04:08PM EDT

Tencent Music Q2 Adj. EPS $0.10, Inline, Sales $1.24B Miss $1.26B Estimate

Tencent Music (NYSE:TME) reported quarterly earnings of $0.10 per share which met the analyst consensus estimate. This is unchanged from the same period last year. The company reported quarterly sales of $1.24 billion which missed the analyst consensus estimate of $1.26 billion by 1.59 percent. This is a 26.40 percent increase over sales of $981.00 million the same period last year.