bullish

Tencent

Tencent (700 HK): 1Q24 Preview, EPS Up by 40%, But Upside Narrowed by Significant Price Rise

727 Views06 May 2024 13:00
We believe, in 1Q24, rrevenue will grow by 7% YoY and EPS will grow by 41%. The stock has risen by 26% since our last Buy rating, but there is still an upside of 9% for the end of 2024.
What is covered in the Full Insight:
  • 1Q24 Revenue Forecast
  • Key Business Lines Growth
  • Operating Margin Improvement
  • EPS Growth
  • Stock Price and Upside Potential
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