Tencent (TCEHY) Expected to Announce Quarterly Earnings on Wednesday

Tencent (OTCMKTS:TCEHY) is anticipated to post its quarterly 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. Parties interested in listening to the company’s conference call can do so using this link.

Tencent Stock Up 2.4 %

Shares of Tencent stock opened at $67.00 on Wednesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.35 and a quick ratio of 1.33. The stock has a market cap of $614.98 billion, a price-to-earnings ratio of 35.26 and a beta of 0.16. The firm’s 50-day moving average is $56.19 and its two-hundred day moving average is $53.83. Tencent has a 1 year low of $36.08 and a 1 year high of $69.99.

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.