Pinterest recorded its first billion-dollar quarter in Q4 2024, driven by strong revenue and user growth, despite missing earnings expectations.
Pinterest grows its monthly user base by 11% and quarterly sales top $1 billon for the first time.
Pinterest reported fourth-quarter sales of $1.15 billion, ahead of the $1.14 billion that Wall Street was expecting. The company recorded a deferred tax benefit of $1.6 billion in the fourth quarter.
Pinterest, Inc. PINS will release its fourth-quarter financial results after the closing bell on Thursday, Feb. 6.
PINS is expected to report top-line growth year over year, driven by healthy demand across key verticals.
Besides Wall Street's top -and-bottom-line estimates for Pinterest (PINS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Pinterest (PINS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the most recent trading session, Pinterest (PINS) closed at $32.90, indicating a +0.21% shift from the previous trading day.
Bill Ready, Pinterest CEO, joins 'Squawk on the Street' to discuss which of the Trump policies Ready is monitoring, youth online safety, and much more.
In the closing of the recent trading day, Pinterest (PINS) stood at $30.53, denoting a +0.46% change from the preceding trading day.
Pinterest (PINS) reachead $30.39 at the closing of the latest trading day, reflecting a -0.78% change compared to its last close.