SEA (NYSESE) Rating Lowered to Hold at Arete Research

News Source : ETF Daily News
News Summary
- SEA (NYSE:SE – Free Report) last posted its quarterly earnings data on Tuesday, August 12th.
- The Internet company based in Singapore reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.38) SEA had a net margin of 6.23% and a return on equity of 13.66%.
- The firm had revenue of $5.26 billion during the quarter.
- On average, sell-side analysts expect that SEA will post 0.74 EPS for the current year.
Arete Research cut shares of SEA (NYSESE Free Report) from a strongbuy rating to a hold rating in a research report released on Wednesday,Zacks.com reports.A number of other research firms have [+4595 chars]