Sea Limited (SE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Zacks
2024-11-12

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 compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Sea Limited performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Quarterly paying users: 50 compared to the 53 average estimate based on two analysts.
  • Quarterly active users: 629 compared to the 646 average estimate based on two analysts.
  • Revenue- Digital entertainment: $497.85 million compared to the $468.85 million average estimate based on three analysts. The reported number represents a change of -15.9% year over year.
  • Revenue- E-Commerce: $3.18 billion compared to the $3.02 billion average estimate based on three analysts. The reported number represents a change of +42.6% year over year.
  • Revenue- Digital Financial Services: $615.71 million versus the three-analyst average estimate of $535.47 million. The reported number represents a year-over-year change of +38%.
  • Revenue- Other Services: $31.12 million versus the two-analyst average estimate of $33.58 million. The reported number represents a year-over-year change of -21.8%.
  • Adjusted EBITDA- Digital Entertainment: $314.43 million compared to the $311.44 million average estimate based on two analysts.
  • Adjusted EBITDA- E-commerce: $34.45 million versus $41.55 million estimated by two analysts on average.
  • Adjusted EBITDA- Unallocated expenses: -$6.91 million versus -$60.83 million estimated by two analysts on average.
  • Adjusted EBITDA- Other Services: -$8.56 million compared to the -$10.01 million average estimate based on two analysts.
  • Adjusted EBITDA- Digital Financial Services: $187.93 million compared to the $170.10 million average estimate based on two analysts.
View all Key Company Metrics for Sea Limited here>>>

Shares of Sea Limited have returned -2.7% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Sea Limited Sponsored ADR (SE) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10