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