Coupang Earnings Preview
Portfolio Pulse from Benzinga Insights
Coupang (NYSE:CPNG) is scheduled to release its quarterly earnings report on February 27, 2024, with an expected EPS of $0.06. Historical data shows mixed earnings performance with significant price changes following earnings announcements. Shares have risen 6.25% over the last year, trading at $16.4 as of February 23.
February 26, 2024 | 2:01 pm
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Coupang is expected to report an EPS of $0.06 for the upcoming quarter. Historical performance indicates significant stock price movements post-earnings, with a 6.25% increase in share price over the last year.
Given Coupang's mixed historical earnings performance and the upcoming earnings expectation, the short-term impact on CPNG's stock price is uncertain. While an earnings beat could positively influence the stock, historical data suggests that guidance plays a significant role in stock price movements. The 6.25% year-over-year increase in share price indicates a positive long-term trend, but the immediate reaction to the earnings report could vary based on the actual results and future guidance provided.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100