Sea Ltd expected to post earnings of 18 cents a share - Earnings Preview

Reuters08-10

* Sea Ltd is expected to show a rise in quarterly revenue when it reports results on August 13 for the period ending June 30 2024

* The Singapore-based company is expected to report a 19.8% increase in revenue to $3.709 billion from $3.1 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 18 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 6 "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 $84.20​, above​ its last closing price of $62.66. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 0.00 -0.02 -0.04 Missed -77.8

Dec. 31 0001 -0.21 -0.25 -0.19 Beat 22.8

Sep. 30 2023 0.00 0.03 -0.26 Missed -912.5

Jun. 30 2023 0.42 0.42 0.54 Beat 30.1

​​Mar. 0.38 0.44 0.15 Missed -65.6

31 2023

Dec. 31 2022 -0.80 -0.79 0.17 Beat 121.5​

Sep. 30 2022 -1.11 -1.10 -0.87 Beat 20.8

Jun. 30 2022 -1.23 -1.19 -1.36 Missed -14.4

This summary was machine generated August 9 at 18:31 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)

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