Coupang, Inc. ($CPNG) reported its Q3 2024 earnings, revealing a revenue of $7.87 billion, surpassing estimates of $7.73 billion and marking a 27% increase year-over-year. The company's earnings per share (EPS) stood at $0.06, exceeding expectations of $0.01, though this reflects a 20% decline from the previous year. Adjusted EBITDA reached $343 million, beating the forecast of $319 million and showing a 44% year-over-year increase. Despite the positive revenue and earnings figures, Coupang's stock fell by 8% in after-hours trading, attributed to a miss in net retail sales, which totaled $6.14 billion compared to the estimated $6.24 billion. Analysts at Barclays maintained a price target of $32 for Coupang, noting solid growth in revenue and improved EBITDA margins.