Coupang (NYSE:CPNG) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Coupang missed estimated earnings by 28.57%, reporting an EPS of $0.05 versus an estimate of $0.07.
Revenue was up $1.08 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 7.88% increase in the share price the next day.
Here’s a look at Coupang’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.05 | 0.05 | -0.03 |
| EPS Actual | 0.08 | 0.05 | 0.06 | 0.05 |
| Revenue Estimate | 5.81B | 5.64B | 5.40B | 5.17B |
| Revenue Actual | 5.84B | 5.80B | 5.33B | 5.10B |
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.
