Sea Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Sea Limited (NYSE:SE) is anticipated to report a Q4 loss of 27 cents per share, contrasting with last year's earnings of 72 cents per share. Revenue is expected to be $3.55 billion, up from $3.45 billion year-over-year. The company previously reported a 4.9% revenue growth in Q3 FY23. Ahead of the earnings call, analysts have revised their forecasts and ratings, with varied price targets and recommendations.
March 01, 2024 | 4:19 pm
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Sea Limited is expected to report a Q4 loss, contrasting sharply with the previous year's earnings, but with a slight increase in revenue. Analysts have revised their ratings and price targets ahead of the earnings call.
The expected loss for Q4, as opposed to earnings in the same quarter last year, could negatively impact investor sentiment and stock price in the short term. Analysts' revisions and mixed ratings further contribute to uncertainty, potentially leading to short-term volatility.
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IMPORTANCE 90
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