Sea(US:SE) ZACKSยท2024-11-07 15:20Core Viewpoint - Sea Limited is expected to report significant growth in earnings and revenues for the upcoming quarter, with analysts projecting an earnings per share (EPS) of $0.59, an increase of 883.3% year-over-year, and revenues of $4.12 billion, reflecting a 19.3% increase compared to the same period last year [1]. Earnings Projections - The consensus EPS estimate has been revised upward by 14.1% over the past 30 days, indicating a collective reassessment by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are strongly correlated with short-term stock price performance [3]. Revenue Estimates - Analysts forecast the following revenue figures for Sea Limited's segments: - Digital Entertainment: $468.85 million, a decrease of 20.8% year-over-year [5]. - E-Commerce: $3.02 billion, an increase of 35.2% year-over-year [5]. - Digital Financial Services: $535.47 million, an increase of 20% year-over-year [5]. - Other Services: $33.58 million, a decrease of 15.7% year-over-year [6]. User Metrics - The consensus estimate for Quarterly Paying Users is 53, up from 41 in the same quarter last year [6]. - Analysts predict Quarterly Active Users to reach 646, compared to 544 in the same quarter last year [6]. Adjusted EBITDA - Adjusted EBITDA for Digital Entertainment is projected at $311.44 million, up from $234 million in the same quarter last year [7]. - Adjusted EBITDA for Digital Financial Services is expected to be $170.10 million, compared to $165.73 million in the previous year [7]. Stock Performance - Over the past month, Sea Limited's shares have returned -1.1%, while the Zacks S&P 500 composite has increased by 3.2% [7]. - Sea Limited currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [7].