Sea Ltd ADR
SE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|st | LOCK|X>Nd& | LOCK|pVh@L> |
Sea Earnings: Valuation Intact Despite Earnings Outperformance; Potential Slowdown Ahead
Sea's first-quarter adjusted EBITDA exceeded LSEG consensus by 37%, while revenue was in line. Garena's year-on-year bookings growth accelerated sequentially to 51% from 19% in the previous quarter. The shares closed 8% higher on May 13.
