Sea Ltd expected to post earnings of 26 cents a share - Earnings Preview

Sea

08/11/2024 16:46

* Sea Ltd  SE.N   SE  is expected to show a rise in
quarterly
revenue when it reports  results on November 12 for the period
ending January 1 0001
    * The  Singapore-based   company is expected to report a
23.1% increase in revenue to $4.076 billion from $3.31 billion a
year ago, according to the mean estimate from 10 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Sea Ltd is for earnings
of 26
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 28 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sea Ltd is
107.00​, above​ its last closing price of $95.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.25        0.18       0.14      Missed  -20
 Mar. 31 2024  0.00        -0.02      -0.04     Missed  -77.8
 Dec. 31 2023  -0.21       -0.25      -0.19     Beat    22.8​
 Sep. 30 2023  0.00        0.03       -0.26     Missed  -912.5
 ​​Jun.        0.42        0.42       0.54      Beat    30.1
 30 2023                                                
 Jan. 1 0001   0.38        0.44       0.15      Missed  -65.6​
 Dec. 31 2022  -0.80       -0.79      0.17      Beat    121.5
 Jan. 1 0001   -1.11       -1.10      -0.87     Beat    20.8
 This summary was machine generated November 8 at 16:46 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)