Sea Q4 EPS $(0.19) Vs $0.72 YoY, Sales $3.62B Beat $3.53B Estimate
Portfolio Pulse from Benzinga Newsdesk
Sea Ltd reported a Q4 EPS of $(0.19), a significant decrease from $0.72 YoY. However, their sales of $3.62B exceeded the $3.53B estimate.

March 04, 2024 | 11:32 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Sea Ltd's Q4 earnings showed a notable decline in EPS to $(0.19) from $0.72 YoY, but sales exceeded expectations at $3.62B against a $3.53B estimate.
The significant drop in EPS for Sea Ltd indicates potential challenges in profitability, which could concern investors. However, the better-than-expected sales figures suggest strong revenue growth, potentially offsetting the negative impact on the stock price in the short term. The mixed results lead to a neutral score, as the positive sales performance may balance out the negative earnings per share impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100