• Sea Ltd SE.N reported quarterly adjusted earnings of 65 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of ten analysts for the quarter was for earnings of 63 cents per share. Wall Street expected results to range from 46 cents to 73 cents per share.

• Revenue rose 29.6% to $4.84 billion from a year ago; analysts expected $4.89 billion.

• Sea Ltd's reported EPS for the quarter was 65 cents​.

• The company reported quarterly net income of $403.05 million.

• Sea Ltd shares had risen by 9.2% this quarter and gained 34.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 14.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 28 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Sea Ltd is $155.00

This summary was machine generated from LSEG data May 13 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)