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Why Shopee Parent Sea's Stock Is Soaring Tuesday
Investopedia· 2024-11-12 20:16
Key TakeawaysShopee parent Sea Limited reported strong sales from its e-commerce and financial services units, sending its U.S.-listed shares higher Tuesday. Sea's third-quarter revenue was up 30.8% from a year ago to $4.33 billion, exceeding forecasts.E-commerce sales jumped 42.6%, and financial services sales added 38%. Sea Limited's (SE) U.S.-listed shares jumped Tuesday after the Singapore-based company posted better-than-expected sales on strong demand for its e-commerce and financial services. The pa ...
Sea(SE) - 2024 Q3 - Earnings Call Transcript
2024-11-12 16:45
Sea Limited (NYSE:SE) Q3 2024 Earnings Conference Call November 12, 2024 7:30 AM ET Company Participants M.C. Koh - Director, IR Forrest Li - Founder, Chairman & CEO Tony Hou - CFO Conference Call Participants Pang Vitt - Goldman Sachs Alicia Yap - Citigroup John Choi - Daiwa Thomas Chong - Jefferies Divya Kothiyal - Morgan Stanley Rishabh Dhancholia - HSBC Ranjan Sharma - JPMorgan Sachin Salgaonkar - Bank of America Merrill Lynch Jiong Shao - Barclays Operator Good morning and good evening to all, and welc ...
Sea(SE) - 2024 Q3 - Earnings Call Presentation
2024-11-12 16:44
Third Quarter 2024 Results November 2024 connectina the dots Disclaimer This presentation by Sea Limited ("Sea") contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "may," "could," "will," "expect," "anticipate," "aim," "future," "intend," "plan," "believe," "estimate," "likely to," "potential," "confident," "guidance," and simi ...
Sea Limited (SE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-12 15:31
Sea Limited Sponsored ADR (SE) reported $4.27 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 23.6%. EPS of $0.54 for the same period compares to $0.06 a year ago. The reported revenue represents a surprise of +3.59% over the Zacks Consensus Estimate of $4.12 billion. With the consensus EPS estimate being $0.59, the EPS surprise was -8.47%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compa ...
Sea Limited: This Is Why Sea Shares Could Still Go Much Higher
Seeking Alpha· 2024-11-12 13:59
I recommend buying Sea Limited (NYSE: SE ) stock. In my last article published on July 3rd , I talked about the growth of Shopee in Brazil. But in this article, I intend toMore than 5 years of experience in equity analysis in LatAm. We provide our clients with in-depth research and insights to help them make informed investment decisions.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ne ...
Trump Re-Election Jolts Metals Market As Gold Sees A 'Stumble, Not A Sea Change'
Benzinga· 2024-11-11 13:40
The re-election of Donald Trump has metals markets looking a little like a shaken-up snow globe—chaotic and swirling. While some metals might be facing a rocky road, JPMorgan's Commodities Research team, led by Greg Shearer, sees gold as holding strong through the turbulence, calling recent gold action a "stumble not a sea change."Here's the JPMorgan breakdown on what to watch in metals as this political shift unfolds."Timing and Sequencing Will Be Critical" For Base MetalsAs tariff tensions escalate, Peter ...
Sea Limited to Post Q3 Earnings: What's in Store for the Stock?
ZACKS· 2024-11-08 18:26
Sea Limited (SE) is scheduled to report third-quarter 2024 results on Nov. 12.The Zacks Consensus Estimate for third-quarter earnings per share (EPS) has remained unchanged at 59 cents in the past 30 days. SE reported EPS of 6 cents in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for third-quarter revenues is pegged at $4.12 billion, suggesting growth of 19.31% year over year.SE’s earnings missed the Zacks Consensus Estimate in al ...
Unveiling Sea Limited (SE) Q3 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-11-07 15:20
In its upcoming report, Sea Limited Sponsored ADR (SE) is predicted by Wall Street analysts to post quarterly earnings of $0.59 per share, reflecting an increase of 883.3% compared to the same period last year. Revenues are forecasted to be $4.12 billion, representing a year-over-year increase of 19.3%.The current level reflects an upward revision of 14.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised ...
Sea Limited Sponsored ADR (SE) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-11-06 23:45
Sea Limited Sponsored ADR (SE) closed the latest trading day at $95.37, indicating a -0.39% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 2.53%. At the same time, the Dow added 3.57%, and the tech-heavy Nasdaq gained 2.95%.Prior to today's trading, shares of the company had gained 0.43% over the past month. This has lagged the Computer and Technology sector's gain of 1.29% and the S&P 500's gain of 0.66% in that time.The upcoming earnings release of ...
SeaWorld San Diego Reveals Jewels of the Sea will Open Spring 2025, Plus Announces 2025 Plans for All-New Journey to Atlantis Experience
Prnewswire· 2024-11-04 17:46
2025 Annual Passes are now available with the best benefits ever and up to 20% off now and for a limited timeDOWNLOAD MEDIA ASSETS HERESAN DIEGO, Nov. 4, 2024 /PRNewswire/ -- SeaWorld San Diego revealed that the much-anticipated Jewels of the Sea: A Jellyfish Experience will now open in Spring 2025. The Jellyfish Experience will be the first of its kind for SeaWorld parks and the newest immersive and interactive aquarium at the park. Featuring a variety of jelly species, beautiful storytelling and a kaleido ...