Tencent (TCEHY) Expected to Announce Earnings on Wednesday

Tencent (OTCMKTS:TCEHY) is projected to release 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. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Tencent Stock Up 2.5 %

Shares of OTCMKTS TCEHY opened at $69.77 on Tuesday. The firm has a market cap of $640.41 billion, a price-to-earnings ratio of 36.72 and a beta of 0.16. The company has a quick ratio of 1.33, a current ratio of 1.35 and a debt-to-equity ratio of 0.31. Tencent has a 52-week low of $36.24 and a 52-week high of $70.00. The business’s 50 day moving average is $57.35 and its two-hundred day moving average is $54.38.

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.