SEA (SE) Set to Announce Earnings on Tuesday

SEA (NYSE:SE) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, August 13th. Analysts expect the company to announce earnings of $0.59 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

SEA (NYSE:SE) last announced its earnings results on Tuesday, May 14th. The Internet company based in Singapore reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.40). The business had revenue of $3.73 billion for the quarter, compared to analysts’ expectations of $3.64 billion. SEA had a return on equity of 0.80% and a net margin of 0.39%. The firm’s quarterly revenue was up 22.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.15 earnings per share. On average, analysts expect SEA to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SEA Stock Up 1.6 %

NYSE SE traded up $0.96 during trading on Tuesday, hitting $60.90. The company’s stock had a trading volume of 2,719,531 shares, compared to its average volume of 5,864,613. SEA has a fifty-two week low of $34.35 and a fifty-two week high of $76.60. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.46 and a quick ratio of 1.44. The company has a market cap of $34.86 billion, a PE ratio of 1,198.80 and a beta of 1.51. The business’s 50 day simple moving average is $70.60 and its 200-day simple moving average is $60.23.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Citigroup cut their price target on shares of SEA from $81.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, July 23rd. Bank of America lifted their price target on SEA from $75.00 to $77.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $60.00 price objective on shares of SEA in a report on Wednesday, May 15th. Loop Capital lifted their target price on SEA from $92.00 to $94.00 and gave the stock a “buy” rating in a report on Monday, June 10th. Finally, Wedbush reiterated an “outperform” rating and issued a $72.00 price target on shares of SEA in a report on Tuesday, May 14th. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $73.71.

SEA Company Profile

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as promotes eSports operations.