Tencent (TCEHY) Expected to Announce Earnings on Wednesday

Tencent (OTCMKTS:TCEHY) will likely be releasing its earnings data on Wednesday, March 19th. Analysts expect Tencent to post earnings of $0.77 per share and revenue of $23.29 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Tencent Stock Performance

Shares of TCEHY stock opened at $69.77 on Tuesday. The company has a current ratio of 1.35, a quick ratio of 1.33 and a debt-to-equity ratio of 0.31. The firm has a fifty day moving average price of $57.35 and a 200 day moving average price of $54.38. The company has a market cap of $640.41 billion, a P/E ratio of 36.72 and a beta of 0.16. Tencent has a 12 month low of $36.24 and a 12 month high of $70.00.

Tencent Company Profile

Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc.