Pinterest Inc PINS.N reported quarterly adjusted earnings of 56 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of thirty three analysts for the quarter was for earnings of 65 cents per share. Wall Street expected results to range from 58 cents to 70 cents per share.
Revenue rose 17.6% to $1.15 billion from a year ago; analysts expected $1.14 billion.
Pinterest Inc's reported EPS for the quarter was $2.68.
The company reported quarterly net income of $1.85 billion.
Pinterest Inc shares had risen by 14.8% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.8% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 29 "strong buy" or "buy," 12 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the online services peer group is also "buy"
Wall Street's median 12-month price target for Pinterest Inc is $39.00
This summary was machine generated from LSEG data February 7 at 02:18 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 0.65 | 0.56 | Missed |
Sep. 30 2024 | 0.34 | 0.40 | Beat |
Jun. 30 2024 | 0.28 | 0.29 | Beat |
Mar. 31 2024 | 0.13 | 0.20 | Beat |
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