Sea's Earnings: Slower Growth, High Expectations

Sea, the e-commerce and gaming company, is set to release its latest earnings on Tuesday, following a strong performance last quarter with a 32.5% year-over-year revenue increase. Analysts predict a 28.5% growth this quarter, but Seas history of surpassing expectations suggests they may exceed these estimates. Despite mixed performances in the online marketplace sector, Seas share price is down 17.5% heading into earnings, with an average analyst price target of $196.27.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.