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Stock impact report

Why Coupang, Inc. (CPNG) Outpaced the Stock Market Today [Yahoo! Finance]

Coupang, Inc. Class A (CPNG) 
Company Research Source: Yahoo! Finance
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%. Prior to today's trading, shares of the company had lost 6.16% over the past month. This has lagged the Retail-Wholesale sector's loss of 2.12% and the S&P 500's loss of 1.16% in that time. The upcoming earnings release of Coupang, Inc. will be of great interest to investors. The company's earnings report is expected on August 6, 2024. The company is expected to report EPS of $0.04, down 50% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $7.29 billion, indicating a 24.91% upward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.01 per share and revenue of $30.3 billion, which would represent changes of -96.15% and +24.25%, respectively, from the prior year. Any recent Show less Read more
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