Investing.com - Sea reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Sea announced earnings per share of $-0.84 on revenue of $2.68B. Analysts polled by Investing.com anticipated EPS of $-0.6535 on revenue of $2.5B.
Sea shares are up 72.33% from the beginning of the year and are trading at $343.02 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Sea follows other major Communication Services sector earnings this month
Sea's report follows an earnings beat by Alphabet C on Tuesday, October 26, 2021, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.83 on revenue of $63.53B.
Alphabet A had beat expectations on Tuesday, October 26, 2021 with third quarter EPS of $27.99 on revenue of $65.12B, compared to forecast for EPS of $23.73 on revenue of $63.53B.
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