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Top Wall Street Forecasters Revamp Sea Price Expectations Ahead Of Q2 Earnings
Sea Limited (NYSE:SE) is set to release earnings results for its second quarter, before the opening bell on Aug. 13, 2024.
Analysts expect the Singapore-based company to report quarterly earnings at 18 cents per share, down from 54 cents per share in the year-ago period. Sea is projected to report quarterly revenue of $3.72 billion, compared to $3.2 billion a year earlier, according to data from Benzinga Pro.
On May 14, Sea 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.
Sea shares rose 3.5% to close at $64.86 on Friday.
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