TM

Tencent Music

TME · Tencent Music · Communication

Up next day
8/16
50%
Fell despite growth
7/16
Good earnings ignored
Avg earnings move
±4.6%
typical swing on earnings
Price when beating
+0.8%
avg over 14 beats
Biggest single move
+15.7%
'25.3 · largest reaction

How this stock reacts to earnings

Traits seen across its recent earnings reactions

Tends to run up in the week before earnings
Rose beforehand 12 of last 16 · avg +2.7% · expectations build early
Beating estimates doesn't always lift it
Up the next day 7 of 14 beats (50%)
Reaction is erratic and hard to predict
Avg +0.8% on a beat, +0.6% on a miss
Big earnings-day moves tend to fade within days
Reversed the day-one move · 69% of last 16
vs Communication sector avg (23 peers)
This
+0.7%
Sector
+0.2%
Avg next-day reaction

Earnings number vs guidance — which drives it?

How often the beat/miss matched the actual price move

The number and guidance move the price about equally
Moved opposite to results 8 of last 16 times (50%)
7xBeat but fell
Even a beat sells off if guidance disappoints
1xMissed but rose
Even a miss rebounds if guidance reassures

Earnings timeline · tap a bar for that quarter

Nov 11Before open
'26.9 expectedEst. EPS $1.50
Quarter ended 6/2026
Reported 2026-08-11
Next-day move
-3.0%
After 5 days +0.8%
vs Consensus$1.62$1.70+4.9% beat
Beat by +4.9% but stock -3.0%
EPS
$1.70
YoY +2%
Revenue
Next-Q guidance
N/A
Price around earnings
Fell despite growthvs market -3.2%p

Earnings trend · last 12 quarters

EPS$1.70YoY +2%
'23.9'26.6
Revenue
'23.9'26.6

Price vs earnings · last 16 quarters

UpDown
Bad news out
weak · up ↑
0x
Met expectations
good · up ↑
5x42%
Disappointment
weak · down ↓
0x
Good earnings ignored
good · down ↓
7x58%
← Weak earningsStrong earnings →

Even on good earnings, the price often fell — earnings poorly reflected · 7 of 12q (58%)

Community · TME

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