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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________ FORM 10-Q _________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to Commission file number 001-38872 Pinterest, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 26-3607129 (S ...

Exhibit 99.1 Three Months Ended September 30, Pinterest Announces Third Quarter 2024 Results, Delivering Sustained Revenue and User Growth Q3 Revenue of $898 million, an increase of 18% Record 537 million global monthly active users, an increase of 11% SAN FRANCISCO, Calif. - November 7, 2024 - Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended September 30, 2024. • Q3 revenue grew 18% year over year to $898 million. • Global Monthly Active Users ("MAUs") increased 11% year ...

Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and direct chat with Mark for questions. Learn moreAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but ma ...

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 ...