![]() (Address, including zip code, and telephone number, including area code, of registrants principal executive offices) (Exact Name of Registrant as Specified in its Charter) To read this article on click here.As filed with the Securities and Exchange Commission on May 28, 2019Ĭonverted as described herein into a corporation named (RVLV) : Free Stock Analysis ReportĬoupang, Inc. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.Ĭoupang, Inc.'s revenues are expected to be $5.34 billion, up 5.1% from the year-ago quarter. This company is expected to post quarterly earnings of $0.05 per share in its upcoming report, which represents a year-over-year change of +121.7%. The results are expected to be released on February 28. (CPNG), another stock in the same industry, has yet to report results for the quarter ended December 2022. ![]() Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Ĭoupang, Inc. In terms of the Zacks Industry Rank, Internet - Commerce is currently in the top 20% of the 250 plus Zacks industries. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. While Revolve Group has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Revolve Group shares have added about 14.4% since the beginning of the year versus the S&P 500's gain of 4%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. The company has topped consensus revenue estimates three times over the last four quarters. This compares to year-ago revenues of $239.81 million. Revolve Group, which belongs to the Zacks Internet - Commerce industry, posted revenues of $259.15 million for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 8.53%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. A quarter ago, it was expected that this online women's fashion retailer would post earnings of $0.07 per share when it actually produced earnings of $0.16, delivering a surprise of 128.57%. This quarterly report represents an earnings surprise of 10%. These figures are adjusted for non-recurring items. This compares to earnings of $0.39 per share a year ago. Revolve Group (RVLV) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share.
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