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Sea Ltd reports results for the quarter ended December 31 - Earnings Summary

Sea Ltd SE.N reported quarterly adjusted earnings of 39 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -19 cents.  The mean expectation of ten analysts for the quarter was for earnings of 44 cents per share. Wall Street expected results to range from 29 cents to 70 cents per share.

Revenue rose 36.9% to $4.95 billion from a year ago; analysts expected $4.62 billion.

Sea Ltd's reported EPS for the quarter was 39 cents​.

The company reported quarterly net income of $237.31 million.

Sea Ltd shares had risen by 16.4% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 4.4% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Sea Ltd is $134.25

This summary was machine generated from LSEG data March 4 at 03:59 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.440.39Missed
Sep. 30 20240.260.24Missed
Jun. 30 20240.180.14Missed
Mar. 31 2024-0.02-0.04Missed

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