NYSE$TME

Tencent Music Entertainment Group-ADR · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

TME Q3 2024 — extraction skipped

Tencent Music Entertainment Group-ADR filed Form 6-K (accession 0000950103-24-016152) for Q3 2024, but headline financial numerics could not be extracted automatically: no headline numerics found by parser nor by Financial Datasets fallback. The row is marked as AI-processed so the queue advances; numerics will be filled by Financial Datasets on its next pass.

  • Form 6-K filed; press release body not parseable here.
  • Reason: no headline numerics found by parser nor by Financial Datasets fallback.
  • Numerics rely on the Financial Datasets fallback.

Headline financials

Total Revenue

$979M

Previous: $906M+8.0%
EPS (adj)

$0.16

Previous: $0.12+33.3%
Net Income

$221M

Previous: $161M+37.0%
Operating Income

$247M

Previous: $148M+66.9%
Gross Profit

$432M

Previous: $337M+28.3%

Revenue & EPS history

Tencent Music · Revenue · Quarterly

$979M

Q3 2024+8%vs Q3 2023
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Revenue by segment

Tencent Music · $12.8B total across 3 segments · Q2 2025

  • Online music services
    $6.85B
  • Music subscriptions
    $4.38B
  • Social entertainment services and others
    $1.59B

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-0.4%

Avg return

Earnings day

-1.5%

Avg return

5 days after

+3.1%

Avg return

30 days after

55%

16 / 29 earnings

Positive

+18.4%

Q3 2022

Best reaction

-22.0%

Q4 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-22.0%
Q3 2025-8.3%-8.9%-12.2%
Q2 2025+11.9%+12.6%+12.9%
Q1 2025+2.6%+16.0%+31.3%
Q4 2024+15.5%+7.2%-5.9%
Q3 2024-7.6%-4.2%+4.5%
Q2 2024-15.2%-19.8%-25.7%
Q1 2024+9.9%+15.6%+7.5%
Q4 2023+12.6%+5.5%+11.6%
Q3 2023+11.0%+12.7%+21.4%
Q2 2023+4.1%+6.2%+2.8%
Q1 2023+4.4%-1.9%+4.6%
Q4 2022-8.7%-2.5%+0.6%
Q3 2022+18.4%+25.4%+72.4%
Q2 2022+8.6%-8.1%+40.9%
Q1 2022-0.2%-0.7%+10.7%
Q4 2021+0.8%-2.0%-14.2%
Q3 2021+1.9%+13.5%-11.8%
Q2 2021-20.2%-23.9%-18.6%
Q1 2021-2.4%-0.5%+0.9%
Q4 2020+4.5%-33.9%-40.6%
Q3 2020+1.3%+9.1%+23.1%
Q2 2020-3.2%-10.1%+2.1%
Q1 2020+5.3%+8.4%+13.4%
Q4 2019-7.9%-16.7%-5.0%
Q3 2019-5.6%-9.4%-13.8%
Q2 2019+0.6%-3.3%-5.3%
Q1 2019-9.5%-16.5%-15.1%
Q4 2018-12.8%-11.1%-4.7%
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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