Coupang Q3 2023 EPS $0.05 May Not Compare To $0.07 Estimate, Revenue $6.2B Beats $5.938B Estimate
Portfolio Pulse from Benzinga Newsdesk
Coupang's Q3 2023 earnings per share (EPS) of $0.05 fell short of the estimated $0.07. However, the company's revenue of $6.2B surpassed the $5.938B estimate.
November 07, 2023 | 9:02 pm
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Coupang's Q3 2023 EPS missed estimates, but revenue beat expectations. This mixed result could lead to volatility in the stock's price.
Coupang's lower than expected EPS indicates a potential profitability issue, which could negatively impact the stock. However, the higher than expected revenue suggests strong sales performance, which could have a positive effect. These mixed signals could lead to short-term volatility in the stock price.
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