Pinterest shares rise 10% on better-than-expected guidance

Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024.Pinterest shares rose 10% in extended trading Thursday after the company reported first-quarter earnings and provided better-than-expected guidance.Here's how the company did, compared to analysts' consensus estimates from LSEG:Revenue: $855 million vs.$847 million expectedEarnings per share: $0.23 cents Adj. vs.$0.26 cents expectedThe social media company said second-quarter sales should come in the range ...