Tencent Holdings Full Year 2022 Earnings: EPS Beats Expectations

Tencent Holdings (HKG:700) Full Year 2022 Results

Key Financial Results

• Revenue: CN¥554.6b (down 1.0% from FY 2021).
• Net income: CN¥188.2b (down 16% from FY 2021).
• Profit margin: 34% (down from 40% in FY 2021).
• EPS: CN¥19.76 (down from CN¥23.60 in FY 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Tencent Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 69%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in Hong Kong.

Performance of the Hong Kong Interactive Media and Services industry.

The company's shares are up 12% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Tencent Holdings you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.