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🔥Stock Prediction: How will Sea Limited close Monday 4/3 following their earnings?
@Tiger_Earnings：
Click to vote. Can you predict where $Sea Ltd(SE)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. Sea Limited is scheduled to announce Q4 its quarterly earnings results before market opens on Monday,4 March. Lets's guess where Sea Limited will move following their earnings? 💡Wall Street Analyst Weigh In According to Bloomberg report, Sea's net loss is expected to continue in 4Q amid a step-up in investments into its e-commerce unit Shopee, which was the reason its 3Q bottom line swung to a net loss. Yet a full-year profit is widely expected. Much is at stake for Sea after ByteDance's TikTok took over Indonesia's Tokopedia, with which Shopee has a duopoly in the country. This, along with encroachment from Shein and PDD's Temu on Southeast Asian online retail, means about 60% or more of Sea's revenue is at risk. Such investments, mostly for user incentives and growing live-shopping capabilities, could intensify given both rivals are cash-rich and tend to use aggressive promotional tactics. One bright spot is Sea's free cash flow and strong cash reserves, which should be supported by profit from digital entertainment and financial services. Sea Limited Q4 earnings consensus Wall Street Consensus Estimate for EPS has been-$0.085 per share. The consensus mark for revenues is currently pegged at $3.495 billion, indicating-0.4% growth from the year-ago quarter’s reported figure. 💰Activity Details Click to vote. Guess where $Sea Ltd(SE)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins. Reply and forward this post, share your insights about SEA's financial reports, and you will have the chance to win Tiger gifts . ⏰Event Duration The deadline for this event is 16:00 on 4 March 2024 🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖 📖For a beginner's guide to financial statements, click here
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