Sea Limited Sponsored ADR (SE) Dips More Than Broader Markets: What You Should Know

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2022-04-12

$Sea Ltd(SE)$ Resource:Finance Yahoo

In the latest trading session, Sea Limited Sponsored ADR (SE) closed at $114.42, marking a -1.57% move from the previous day. This change lagged the S&P 500's daily loss of 0.27%. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq lost 0.18%.

Heading into today, shares of the company had gained 17.48% over the past month, outpacing the Computer and Technology sector's gain of 7.53% and the S&P 500's gain of 7.36% in that time.

Wall Street will be looking for positivity from Sea Limited Sponsored ADR as it approaches its next earnings report date. The company is expected to report EPS of -$1, down 61.29% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $2.76 billion, up 31.6% from the prior-year quarter.

Any recent changes to analyst estimates for Sea Limited Sponsored ADR should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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