Sea Q1 2022 Earnings Preview: Betting the % change in closing price to win!

Dear mooers,

Sea Limited Q1 2022 Earnings Conference Call is to be released on May 17 prior to the opening of U.S. markets! The consensus estimate for revenue is expected at $2.8 billion, indicating a nearly 58.8% YoY growth. The EPS is estimated at -$1.17 for Q1 2022.

As a leading consumer internet company founded in Singapore, Sea operates three core businesses across digital entertainment, e-commerce, and financial payments, known as Garena, Shopee, and SeaMoney, respectively. The macro headwinds which have impacted the US economy, are now heading to Southeast Asia. The local inflationary pressures have percolated into Southeast Asia's economies. Such forces could impact consumer discretionary spending, limiting SE's rapid growth. After a massive run-up over the last two years, SE stock plunged by 66% from the beginning of 2022. However, the price of SE stock surged nearly 30% in just two days. Will the upward tendency continue? Is there a turning point for SE? We may need to find it in the earnings report.

Therefore, the upcoming earnings result can explain a lot of situations while also creating trading opportunities!

Place your Bet on SE's percentage change in closing price (i.e.+3%) of May 17 ET by 3:00 PM, May 17 ET. The mooer with the closest bet will win 300 points!

Notice:
Reward points will be given out within 5-10 working days after the results are announced.
Reward points can be used to exchange gifts at Reward Club.