SE · PEAD ↑ 20

Sea Limited reported Q1 2026 EPS of $0.81 on 2026-05-12, beating the $0.77 consensus by $0.04 (+5.2%).

Print-day reaction was a sharp +13.1% versus the prior close, as the market absorbed the EPS beat with an outsized gap open and sustained buying through the session. The overnight gap to the T+1 open extended a further +2.7%, suggesting no meaningful after-hours fade following the initial surge. Over the subsequent two trading days, however, the stock drifted -5.7%, erasing a material portion of the print-day gain and signalling seller pressure into the move. Cumulative abnormal return of +3.98% versus SPY.US keeps this in PEAD long territory by a narrow margin; the holding window runs through 2026-08-07.