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Pinterest (PINS) Reliance on International Sales: What Investors Need to Know
ZACKS· 2024-11-11 15:21
Have you assessed how the international operations of Pinterest (PINS) performed in the quarter ended September 2024? For this digital pinboard and shopping tool company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and grow ...
Pinterest has ‘considerable monetization potential ahead', reckon analysts
Proactiveinvestors NA· 2024-11-11 14:47
About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...
Why Pinterest Stock Tanked Today
The Motley Fool· 2024-11-08 17:22
Advertisers still don't seem to be taking to this platform as hoped.Shares of image-browsing platform Pinterest (PINS -16.24%) tanked on Friday after the company reported financial results for the third quarter of 2024. As of 11:15 a.m. ET, Pinterest stock was down 15% and approaching 52-week lows. And investors could be perplexed by this, considering its Q3 financial results beat expectations.For context, Pinterest had 537 million monthly active users at the end of Q3, an all-time high. And higher revenue ...
PINS Q3 Earnings Beat Estimates, Revenues Up Y/Y on Solid User Growth
ZACKS· 2024-11-08 16:45
Pinterest, Inc. (PINS) reported healthy third-quarter 2024 results, with the bottom and top lines surpassing the respective Zacks Consensus Estimate. The San Francisco-based Internet content provider reported revenue growth year over year, driven by strong user growth across all regions.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Management’s focus on improving shoppability and monetization potential across the platform and the incorporation of advanced AI-integrated tools have ...
Pinterest Stock Slips as Q3 Profits Fall Short
Investopedia· 2024-11-08 15:45
Key TakeawaysPinterest shares fell early Friday following a third-quarter earnings report with lower profits than expected.Revenue came in narrowly above estimates, as the company said its new AI advertising features are making ads on the platform more effective.Pinterest's fourth-quarter revenue projections came in below expectations, as analysts said Pinterest is facing "pressure" in food and beverage advertising. Pinterest (PINS) shares slumped Friday morning after the social media company's third-quarte ...
Pinterest: Hampered By Weak Ad Pricing And Slow International Monetization (Rating Downgrade)
Seeking Alpha· 2024-11-08 12:30
So far, it has been a buoyant Q3 earnings season, with investors cheering Donald Trump's reelection and mostly sending stocks soaring after their earnings prints. Those who have lost during earnings season, however, have lost big, and Pinterest (With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regu ...
Pinterest (PINS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-11-08 00:00
Pinterest (PINS) reported $898.37 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 17.7%. EPS of $0.40 for the same period compares to $0.28 a year ago.The reported revenue represents a surprise of +0.15% over the Zacks Consensus Estimate of $897.07 million. With the consensus EPS estimate being $0.34, the EPS surprise was +17.65%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...
Pinterest (PINS) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-07 23:30
Pinterest (PINS) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.65%. A quarter ago, it was expected that this digital pinboard and shopping tool company would post earnings of $0.28 per share when it actually produced earnings of $0.29, delivering a surprise of 3.57%.Over the last ...
Pinterest stock plunges following weak Q4 revenue guidance
CNBC· 2024-11-07 21:19
Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024.Pinterest shares plunged 15% Thursday after the social media company provided soft guidance for its fourth-quarter revenue despite it beating the top and bottom lines with its third-quarter earnings.Here's how the company performed, according to LSEG:Revenue: $898 million vs. $896 million expectedEarnings per share: 40 cents adjusted vs. 34 cents expectedThe company said that fourth-quarter revenue will be be ...
Pinterest to Report Q3 Results: Will Revenue Growth Boost Earnings?
ZACKS· 2024-11-04 16:45
Pinterest, Inc. (PINS) is scheduled to report third-quarter 2024 results on Nov. 7, after the closing bell. The company pulled off a trailing four-quarter earnings surprise of 20.92%, on average. In the last reported quarter, it reported an earnings surprise of 3.57%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company is expected to witness a top-line expansion year over year, driven by increasing user engagement in the United States, Canada and Europe. Initiative to introdu ...