Coupang (NYSE:CPNG) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Coupang reported in-line EPS of $0.05 versus an estimate of $0.05.
Revenue was up $683.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 5.42% drop in the share price the next day.
Here’s a look at Coupang’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | -0.03 | -0.11 | -0.17 |
| EPS Actual | 0.06 | 0.05 | -0.04 | -0.12 |
| Revenue Estimate | 5.40B | 5.17B | 5.06B | 5.25B |
| Revenue Actual | 5.33B | 5.10B | 5.04B | 5.12B |
To track all earnings releases for Coupang visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
