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) 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 ...

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, 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 ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Pinterest (PINS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Pinterest currently has an ave ...

Pinterest (PINS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this digital pinboard and shopping tool company have returned -1% over the past month versus the Zacks S&P 500 composite's +1.8% change. The Zacks Internet - Software industry, to which Pinterest belongs, has gained 3.5% over this period. Now the key question is: Where could the stock be headed in the ne ...

Could this social shopping leader evolve into an e-commerce titan?Pinterest (PINS 1.63%), one of the world's largest social media platforms, differentiates itself from its competitors in two ways. First, it encourages its users to share their interests, ideas, and hobbies by pinning images, videos, and websites to its virtual pinboards. That user-powered flywheel drives its advertising algorithms to craft more effective first-party ads than other data-mining advertising platforms.Pinterest's platform is als ...

This company's recent sell-off provides an excellent opportunity to buy its shares on the dip. Tech stocks have been on fire this year as the artificial intelligence (AI) boom is providing a significant tailwind to several of the most prominent players in the sector. Some AI-focused companies still have plenty of room to run, so it may not be too late to invest in them. However, investors might also want to consider going against the market and purchasing shares of corporations that haven't performed well t ...

Management made a move that's good for business and it could pay off in a big way in the coming year.Image-browsing platform Pinterest (PINS 0.92%) went public in 2019 and started trading around $24 per share. Investor enthusiasm was riding high and the stock inched closer and closer to $90 in early 2021. But enthusiasm quickly gave way to panic as the price per share collapsed to nearly $17 in 2022.Pinterest stock trades at about $31 per share, as of this writing. But in 2025, I wouldn't be surprised if it ...

Pinterest (PINS) closed the most recent trading day at $31.83, moving +0.92% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.22%. On the other hand, the Dow registered a loss of 0.33%, and the technology-centric Nasdaq increased by 0.76%.Prior to today's trading, shares of the digital pinboard and shopping tool company had lost 1.9% over the past month. This has lagged the Computer and Technology sector's gain of 2.29% and the S&P 500's gain of 1.47% in ...