Coupang, Inc. (NYSE:CPNG) Q2 2024 Earnings Conference Call August 6, 2024 5:30 PM ET Company Participants Mike Parker - Vice President of Investor Relations Bom Kim - Founder & Chief Executive Officer Gaurav Anand - Chief Financial Officer Conference Call Participants Stanley Yang - JPMorgan Eric Cha - Goldman Sachs Seyon Park - Morgan Stanley Jiong Shao - Barclays James Lee - Mizuho Operator Hello, everyone. My name is Krista, and I will be your conference operator today. At this time, I would like to welc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File No. 001-40115 COUPANG, INC. (Exact name of Registrant as specified in its charter) Delaware 27-2810505 (State or other jurisdic ...

Exhibit 99.1 Coupang Announces Results for Second Quarter 2024 Net Revenues of $7.3 billion, up 25% YoY and 30% on an FX-neutral basis Gross Profit of $2.1 billion, up 41% YoY Product Commerce segment adjusted EBITDA of $530 million, up $122 million YoY, with a margin of 8.2% SEATTLE - (BUSINESS WIRE) August 6, 2024—Coupang, Inc. (NYSE: CPNG) today announced financial results for its second quarter ended June 30, 2024. Consolidated Highlights: • Net revenues were $7.3 billion, up 25% YoY on a reported basis ...

Revenues are expected to be $7.29 billion, up 24.9% from the year-ago quarter. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate Estimate Revisions Trend The earnings report, which is expected to be released on August 6, 2024, might help the stock move higher if these key nu ...

Retail Sales. Retail involves selling consumer goods, excluding travel, cars, prescription drugs, restaurant sales, and gasoline sales. Online Retail Sales. Online retail refers to the process of purchasing goods and services through the Internet, where customers make financial commitments, typically via credit cards or other digital payment methods. This definition includes transactions made on mobile devices, web-enabled kiosks, and pointof-sale systems, with delivery options either at home or in-store. I ...

Coupang, Inc. (CPNG) closed the latest trading day at $20.18, indicating a +1.97% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 1.11% for the day. Meanwhile, the Dow experienced a rise of 1.64%, and the technology-dominated Nasdaq saw an increase of 1.03%. It is also worth noting that CPNG currently has a PEG ratio of 1959.41. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings gr ...

Coupang, Inc. (CPNG) closed at $21.31 in the latest trading session, marking a +0.61% move from the prior day. This change lagged the S&P 500's 0.64% gain on the day. On the other hand, the Dow registered a gain of 1.85%, and the technology-centric Nasdaq increased by 0.2%. Shares of the company have appreciated by 3.12% over the course of the past month, outperforming the RetailWholesale sector's gain of 2.58% and lagging the S&P 500's gain of 3.82%. The investment community will be closely monitoring the ...

Let's take a look at what these Wall Street heavyweights have to say about Coupang, Inc. (CPNG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Of the 10 recommendations that derive the current ABR, eight are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 80% and 10% of all recommendations. Check price target & stock forecast for Coupang here>>> Are you wondering why? The vested interest of brokerage firms in a stock they cover of ...

The good news keeps piling up for growth stocks. While speaking at a panel discussion at the European Central Bank's monetary policy conference, Federal Reserve Chairman Jerome Powell admitted that inflation was slowing. Consequently, expectations for a rate cut in September have increased, which is a welcome boost for growth stocks. Organizations are prioritizing cybersecurity in their IT budgets due to a surge in cyber and ransomware attacks. Furthermore, the U.S. Securities Exchange Commission disclosure ...

Heading into today, shares of the company had lost 3.47% over the past month, lagging the Retail-Wholesale sector's gain of 2.94% and the S&P 500's gain of 4.34% in that time. The investment community will be paying close attention to the earnings performance of Coupang, Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.05, reflecting a 37.5% decrease from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $7.33 bill ...