Coupang Stock Climbs On Better-Than-Expected Q4 Results

Coupang, Inc. (NYSE:CPNG) shares are trading higher after the company reported better-than-expected fourth-quarter results after the bell Tuesday. Here’s a look at the highlights. 

The Details: Coupang reported quarterly adjusted earnings of 8 cents per share, beating the analyst consensus estimate of 6 cents per share.

Quarterly sales came in at $6.6 billion, which beat the analyst consensus estimate of $6.44 billion and is a 23.9% increase over sales of $5.33 billion …

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