News Formal

Tencent Earnings: What to Watch

  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

tencent evelh

After all, life is a game in which what you haven't is far more important than what you have! Dreams/fantasies are angels; without them, the world would be void!

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Big earnings week for tech and retail: here's what to watchThe 'Halftime Report' traders discuss big tech and retail names set to report this week, including Cisco, Nvidia, Walmart and Macy's.
Source: CNBC - 🏆 12. / 72 Read more »