Pinterest's stock tumbles as earnings show slim revenue beat
Pinterest Inc.'s stock tumbled 14% in after-hours trading Thursday after the company, which operates a platform for photo and video sharing, posted third-quarter earnings showing a slim revenue beat.
Pinterest Stock Tumbles Despite Earnings Beat
Pinterest stock tumbled Thursday, despite the social media company reporting a Q3 earnings and sales beat. The post Pinterest Stock Tumbles Despite Earnings Beat appeared first on Investor's Business Daily.
Pinterest stock plunges following weak Q4 revenue guidance
Pinterest reported third-quarter earnings on Thursday that beat on the top and bottom lines. The company said fourth-quarter revenue will be between $1.125 million and $1.145 million.
Pinterest beats quarterly estimates on digital ads boost
Pinterest beat Wall Street estimates for third-quarter revenue and profit on Thursday, thanks to robust advertising spending on the platform driven by the image-sharing platform's AI investments.
Pinterest: Chance For Redemption
Pinterest is set to report Q3'24 results on November 7, with consensus estimates reflecting strong growth. Despite market disappointment with original Q3 guidance, the business focus on social commerce and AI tools is driving higher engagement and ad budget gains from major brands. PINS stock is undervalued, trading at 18x 2025 EPS targets, with significant upside potential from consistent 15%+ growth and a strong cash balance.
Pinterest to Report Q3 Results: Will Revenue Growth Boost Earnings?
PINS is expected to report top-line growth year over year, backed by growing demand for ad tools and growing user engagement on the platform.
What Analyst Projections for Key Metrics Reveal About Pinterest (PINS) Q3 Earnings
Beyond analysts' top -and-bottom-line estimates for Pinterest (PINS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Pinterest (PINS) Laps the Stock Market: Here's Why
In the closing of the recent trading day, Pinterest (PINS) stood at $32.02, denoting a +0.72% change from the preceding trading day.
Ads Critical for PINS Post-COVID Recovery
Daily active users rose 9% year-over-year for Pinterest (PINS). However, @LikeFolio's Megan Brantley points to its advertising as the real winner for the platform.
Wall Street Analysts Think Pinterest (PINS) Is a Good Investment: Is It?
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.
Is Most-Watched Stock Pinterest, Inc. (PINS) Worth Betting on Now?
Recently, Zacks.com users have been paying close attention to Pinterest (PINS). This makes it worthwhile to examine what the stock has in store.
Pinterest stock price deep dive: buy or sell ahead of earnings?
Pinterest (PINS) stock has remained under intense pressure this year as investors remained concerned about its business trajectory and its slowing user growth. It has retreated by 12% this year as America's stock indices like the NASDAQ 100 and S&P 500 surged to their all-time highs.
