Tencent Earnings: What to Watch

📆 13/08/2019 02:45:00
📰 WSJ

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Videogames remain Tencent’s top revenue source, and the performance of recently released games will be closely scrutinized when the company reports second-quarter earnings

Chinese tech giant Tencent Holdings Ltd. is scheduled to report its second-quarter earnings after the market closes in Hong Kong on Wednesday. Here’s what you need to know.

EARNINGS FORECAST: Tencent is expected to report earnings of 22.2 billion yuan for the three months ended June 30, according to analysts polled by FactSet. That is up 13% from the 19.7 billion yuan earned in the same period a year ago.

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