Press Release: Sea Limited Reports First Quarter 2024 Results
Sea Limited Reports First Quarter 2024 Results SINGAPORE--(BUSINESS WIRE)--May 14, 2024-- Sea Limited (NYSE: SE) ("Sea" or the "Company") today announced its financial results for the first quarter
The e-commerce business continues to gain strength, and Sea (SE.US)'s “internal volume” is emboldened: Q1 performance exceeded expectations
Zhitong Finance learned that Sea (SE.US) reported first-quarter earnings that exceeded analysts' expectations, indicating that the Southeast Asian e-commerce leader is trying to cope with intense competition from companies such as TikTok. The Singapore-based internet company announced an adjusted EBITDA of US$401 million. Although down 21% from the same period last year, it still far exceeded analysts' average expectations of US$222 million. Sales also beat expectations, rising 22.7% year over year to $3.73 billion; net loss of $23.7 million fell short of analysts' expectations.
Deutsche Bank: Reiterates Sea (SE.US) holding a rating, with a target price of $60.00.
Deutsche Bank: Reiterates Sea (SE.US) holding a rating, with a target price of $60.00.
Deutsche Bank Reinstates Hold on Sea, Announces $60 Price Target
Deutsche Bank analyst Peter Milliken reinstates Sea (NYSE:SE) with a Hold and announces $60 price target.
Express News | Wedbush: Reiterates Sea's “outperforming the market” rating, with a target price of $72.
Sea's E-Commerce Business Profitability Set to Improve Further -- Market Talk
0228 GMT - Sea's Shopee e-commerce business is poised to improve its profitability further, Daiwa Capital Markets analysts say in a research report as they raise the target price to $85.00 from $80.00
Sea Ltd. Target Price Raised to $85.00 From $80.00 by Daiwa Capital Markets >SE
Sea Ltd. Target Price Raised to $85.00 From $80.00 by Daiwa Capital Markets >SE
Earnings Call Summary | Sea(SE.US) Q1 2024 Earnings Conference
The following is a summary of the Sea Limited (SE) Q1 2024 Earnings Call Transcript:Financial Performance:Sea Limited reported a total Q1 2024 revenue of $3.7 billion, representing an increase of 23%
Sea | 6-K: Report of foreign private issuer (related to financial reporting)
Sea's Turnaround Continues After Q1 Results, Positive Q2 Trends, Wedbush Says
Sea's (SE) turnaround continues as indicated by its stronger-than-expected Q1 revenue and management's encouraging commentary on Q2 trends, Wedbush said in a report Tuesday. The company's gross mercha
Asian Equities Traded in the US as American Depositary Receipts Trend Modestly Higher in Tuesday Trading
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Sea Limited's CEO Celebrates Strong Q1 Across Segments, Highlights E-commerce and Digital Entertainment Growth
Sea Limited (NYSE:SE) reported fiscal first-quarter 2024 revenue growth of 22.8% year-on-year to $3.73 billion, beating the analyst consensus estimate of $3.56 billion. EPS loss of $(0.04), down from
Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday
Consumer stocks were mixed pre-bell Tuesday with the Consumer Staples Select Sector SPDR Fund (XLP) advancing by 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.5% recently. A
Wedbush: Reiterates the Sea (SE.US) rating and adjusted from superior to superior market rating, with a target price of $72.00.
Wedbush: Reiterates the Sea (SE.US) rating and adjusted from superior to superior market rating, with a target price of $72.00.
Wedbush Reiterates Outperform on Sea, Maintains $72 Price Target
Wedbush analyst Scott Devitt reiterates Sea (NYSE:SE) with a Outperform and maintains $72 price target.
Sea Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/14/2024 7.24% Wedbush → $72 Reiterates Outperform → Outperform 05/06/2024 16.17% Benchmark → $78 Reiter
Top Premarket Gainers
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Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: Sea (SE), Home Depot (HD) and Beyond Inc (BYON)
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Sea (SE – Research Report), Home Depot (HD – Research Report) and Beyond Inc (BYON – Research Report).
Sea Ltd Jumps as Credit Losses Decline, Company Keeps 2024 Outlook
Stocks Uneven Pre-Bell as Wall Street Awaits Producer Price Report; Asia, Europe Churn
US equity futures were uneven before Tuesday's open as traders gear up for the release of last month's producer price index report. The S&P 500 futures remained nearly flat, the Dow Jones Industrial A
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