COUPA SOFTWARE (COUP) Outpaces Inventory Market Beneficial properties: What You Ought to Know

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COUPA SOFTWARE (COUP) Outpaces Inventory Market Beneficial properties: What You Ought to Know

COUPA SOFTWARE (COUP) closed at $133.90 within the newest buying and selling session, marking a +1.


COUPA SOFTWARE (COUP) closed at $133.90 within the newest buying and selling session, marking a +1.72% transfer from the prior day. This transfer outpaced the S&P 500’s day by day acquire of 0.41%. On the similar time, the Dow added 0.57%, and the tech-heavy Nasdaq gained 0.7%.

Heading into in the present day, shares of the corporate had misplaced 2.54% over the previous month, lagging the Pc and Expertise sector’s acquire of two.38% and the S&P 500’s acquire of two.04% in that point.

Traders shall be hoping for power from COUP because it approaches its subsequent earnings launch. The corporate is predicted to report EPS of $0.07, down 12.5% from the prior-year quarter. Our most up-to-date consensus estimate is asking for quarterly income of $96.52 million, up 43.07% from the year-ago interval.

COUP’s full-year Zacks Consensus Estimates are calling for earnings of $0.16 per share and income of $372.90 million. These outcomes would characterize year-over-year modifications of -20% and +43.22%, respectively.

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