Coupang ($CPNG) Q3 2024 Earnings Sneak peek

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The highly anticipated financial results for the third quarter of Coupang (NYSE: CPNG) are scheduled to be disclosed on Tuesday 5th November 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.

the organization is projected to announce an estimated per share $0.01 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $7.76 billion for this period.

During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.05. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $6.18 billion during that specific period.

The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $30.43 billion. Moreover, they anticipate the company to disclose profit of $0.01 per share for the fiscal year.

 

The business has scheduled a conference call on 5th November 2024 at 05:30 PM eastern time to discuss Q3 financial results.

Coupang (CPNG) experienced a trading range of $25.21 to $26.02, along with a total volume of 6.46 million shares during the day. The stock concluded Friday's regular trading session at $25.40, reflecting fall of 1.51 percent.