Tencent (TCEHY) Expected to Announce Quarterly Earnings on Wednesday

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

Tencent Stock Performance

Shares of OTCMKTS:TCEHY opened at $68.05 on Monday. The company has a market capitalization of $624.62 billion, a price-to-earnings ratio of 35.82 and a beta of 0.16. Tencent has a 52 week low of $36.08 and a 52 week high of $69.99. The company has a quick ratio of 1.33, a current ratio of 1.35 and a debt-to-equity ratio of 0.31. The firm has a 50 day moving average of $57.01 and a 200 day moving average of $54.22.

About Tencent

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.