SEA (SE) Set to Announce Quarterly Earnings on Tuesday

SEA (NYSE:SE - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, May 14th. Analysts expect the company to announce earnings of $0.36 per share for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

SEA (NYSE:SE - Get Free Report) last released its earnings results on Monday, March 4th. The Internet company based in Singapore reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.13). SEA had a net margin of 1.27% and a return on equity of 2.54%. The business had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.57 billion. During the same period last year, the business earned $0.72 EPS. The business's quarterly revenue was up 5.7% compared to the same quarter last year. On average, analysts expect SEA to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SEA Stock Performance

Shares of SE traded down $0.98 during mid-day trading on Tuesday, hitting $65.15. The company's stock had a trading volume of 4,766,414 shares, compared to its average volume of 6,482,961. SEA has a one year low of $34.35 and a one year high of $88.39. The stock's 50-day moving average is $56.96 and its two-hundred day moving average is $45.99. The firm has a market capitalization of $36.79 billion, a PE ratio of 275.50 and a beta of 1.43. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.43 and a current ratio of 1.44.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on SE. Benchmark reiterated a "buy" rating and issued a $78.00 target price on shares of SEA in a research note on Monday. JPMorgan Chase & Co. upgraded SEA from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $43.00 to $70.00 in a report on Tuesday, March 5th. Daiwa Capital Markets raised SEA from a "neutral" rating to a "buy" rating in a report on Friday, February 2nd. Loop Capital raised shares of SEA from a "hold" rating to a "buy" rating and increased their price objective for the stock from $59.00 to $92.00 in a report on Wednesday, April 24th. Finally, Barclays boosted their target price on shares of SEA from $68.00 to $85.00 and gave the stock an "overweight" rating in a research note on Friday. Three investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $71.21.

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.