• Tencent Music Entertainment Group TME.N, TME is expected to show a rise in quarterly revenue when it reports results on November 12 for the period ending September 30 2024

• The Shenzhen Guangdong-based company is expected to report a 7.2% increase in revenue to CNY7.043 billion from CNY6.57 billion a year ago, according to the mean estimate from 14 analysts, based on LSEG data.

• ​LSEG's mean analyst estimate for Tencent Music Entertainment Group is for earnings of CNY1.21 per share.

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 24 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Tencent Music Entertainment Group is $14.38​, above​ its last closing price of $11.78. ​​​

Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi). ​

This summary was machine generated November 8 at 17:09 GMT. All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)