Coupang, Inc. (CPNG) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 600%. A quarter ago, it was expected that this company would post earnings of $0.06 per share when it actually produced earnings of $0.05, delivering a surprise of -16.67%. Over the last four quarters, the company h ...

coupang Q2 2024 Financial Results August 6, 2024 Disclaimer Forward-Looking Statements This presentation may contain statements that may be deemed to be "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Act"), that are intended to enjoy the protection of the safe harbor for forward-looking statements provided by the Act as well as protections afforded by other federal securities laws. We have based the forward-looking statements contained ...

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 Market Overview - The retail market in South Korea is projected to grow at a CAGR of 3.2% from 2023 to 2028, reaching $460.1 billion by 2028, up from $392.4 billion in 2023 [2] - Online retail sales in South Korea grew by 5.2% in 2023, accounting for 31.8% of total retail sales, with a value of $124.7 billion [2] Online Retail Growth - South Korea's online retail market is expected to grow at a CAGR of 7.9% from 2023 to 2028, reaching $182.7 billion by 2028 [8] - Key drivers for online retail growth include high smartphone penetration, advanced logistical infrastructure, and a tech-savvy population [8] Mobile Commerce - Mobile devices account for 70.3% of online retail sales in South Korea, with smartphones being the preferred device for online shoppers [5][9] - Categories with the highest share of mobile commerce include pet products (81.9%), goods for infants and children (81.7%), and fashion & accessories (77.4%) [5] Live Commerce - Live commerce accounted for 1.3% of total online retail sales in 2023 and is expected to grow to 6% by 2028 [4][16] - Naver Shopping Live and Kakao Shopping Live are the preferred platforms for live commerce buyers [16] Market Leaders - The top three players in South Korea's online retail market accounted for 67.4% of the market share in 2023 [9] - Coupang leads with a 39.7% market share, followed by Naver and Gmarket [9] Product Categories - The report covers 11 product categories, including computer hardware, consumer electronics, personal care, clothing, and groceries [18] - Online retail sales are broken down by category, with detailed historic and forecast data from 2009 to 2023 [18] Payment and Retailer Preferences - Preferred payment methods and online retailers are analyzed, with Coupang, Naver, and Gmarket being the top choices [20] - The report also provides insights into online buyers' purchase behavior and preferred product categories [20] Report Details - The report includes 44 pages of key findings, an Excel sheet with historic and forecast data, and an analyst presentation [10][11] - It covers the period from 2023 to 2028, with an estimated market value of $124.7 billion in 2023 and a forecasted value of $182.7 billion by 2028 [10]

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 ...