Analysts Estimate Coupang, Inc. (CPNG) to Report a Decline in Earnings: What to Look Out for

Company Overview - Coupang, Inc. (CPNG) is expected to report quarterly earnings of $0.04 per share, reflecting a year-over-year decline of 50% [4] - The company is anticipated to generate revenues of $7.29 billion, which is a 24.9% increase compared to the same quarter last year [1] Earnings Expectations - The earnings report is scheduled for August 6, 2024, and could influence the stock price depending on whether the results meet or exceed expectations [3] - The consensus EPS estimate for Coupang has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [6] Earnings Surprise Prediction - Coupang's Earnings ESP (Expected Surprise Prediction) is currently at -75%, suggesting a bearish sentiment among analysts regarding the company's earnings prospects [9] - The company had a surprise of -16.67% in the last reported quarter, where it was expected to post earnings of $0.06 per share but only achieved $0.05 [10] Comparison with Industry Peers - Wayfair (W) is expected to report earnings per share of $0.50 for the quarter ended June 2024, indicating a year-over-year increase of 138.1% [17] - Wayfair's revenues are projected to be $3.18 billion, a slight increase of 0.3% from the previous year [17] - Wayfair has an Earnings ESP of 43.43%, suggesting a strong likelihood of beating the consensus EPS estimate [26]