Coupang

Coupang 1Q 2022 Earnings: Beats Consensus Earnings Estimates (A High Conviction Turnaround Play)

Equity Bottom-Up
217 Views, 12 May 2022 06:44
EXECUTIVE SUMMARY
  • Coupang reported better than expected results in 1Q 2022. Coupang had operating loss of $205.7 million in 1Q 2022, which was 31% better than consensus. 
  • This is a High Conviction turnaround story marked by significant improvement in profit margins. The company's gross profit increased by an impressive 42% YoY. 
  • Given Coupang's excellent earnings in 1Q 2022, the tide has turned on Coupang and there is likely to be improving positive sentiment on this stock in the next several weeks.
detail (18-minute read)
WHAT’S TRENDING
Insights
  • Trending
  • Latest
logo
Logo
Top 5%
Douglas Kim
Korea/Asia, New Economy, IPOs, Events
South KoreaEquity Bottom-UpEquity Capital Markets

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following se... 

Zoom:
NaN%
x