On the Radar: Tencent Music Entertainment, Caleres, and XPeng Earnings Approaching
Scheduled to release financial results on Tuesday, March 19 are:
Tencent Music Entertainment Group (NYSE: TME), a leading online music entertainment platform in China, is set to reveal its unaudited financial results for the fourth quarter and full year of 2023 before the U.S. market opens.
Analysts anticipate earnings per share (EPS) of $0.14 on revenue totaling $931.97 million.
$TME closed at $10.33, experiencing a slight decline of $0.12 (1.15%) on Friday.
Caleres, Inc. (NYSE: CAL), a renowned footwear company, plans to release its fourth quarter 2023 financial results prior to the market open.
The consensus estimate suggests an EPS of $0.85 on revenue of $694.33 million.
$CAL closed at $39.00 on Friday, up $0.66 (1.72%).
XPeng Inc. (NYSE: XPEV), a leading Chinese electric vehicle manufacturer, will report its fourth quarter and fiscal year 2023 unaudited financial results before the opening of U.S. markets.
Analysts project a loss of $0.46 per share on revenue amounting to $1.86 billion.
On Friday, $XPEV closed at $9.64, marking an increase of $0.25 (2.66%).
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