Pinterest Analysts Slash Their Forecasts After Q3 Results

Pinterest Inc (NYSE:PINS) posted downbeat sales for the third quarter on Tuesday.Pinterest turned in third-quarter revenue of $1.05 billion, in line with analysts' estimates, according to Benzinga Pro. The idea discovery platform company reported third-quarter adjusted earnings of 38 cents per share, missing analyst estimates of 42 cents per share."Our investments in AI and product innovation are paying off," said Bill Ready, CEO of Pinterest. "We've become a leader in visual search and have effectively tur ...