Coupang Inc reports results for the quarter ended December 31 - Earnings Summary

• Coupang Inc CPNG.N reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of eight analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from -2 cents to 5 cents per share.

• Revenue rose 21.4% to $7.97 billion from a year ago; analysts expected $8.08 billion.

• Coupang Inc's reported EPS for the quarter was 8 cents​.

• The company reported quarterly net income of $156 million.

• Coupang Inc shares had risen by 12.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 54.4% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the department stores peer group is also "buy"

Wall Street's median 12-month price target for Coupang Inc is $30.00

This summary was machine generated from LSEG data February 26 at 02:04 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)