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Stock impact report

Pinterest (PINS) Increases Despite Market Slip: Here's What You Need to Know [Yahoo! Finance]

Pinterest, Inc. Class A (PINS) 
Company Research Source: Yahoo! Finance
The stock outperformed the S&P 500, which registered a daily loss of 0.28%. Elsewhere, the Dow lost 0.08%, while the tech-heavy Nasdaq lost 0.42%. Coming into today, shares of the digital pinboard and shopping tool company had lost 1.19% in the past month. In that same time, the Computer and Technology sector gained 3.64%, while the S&P 500 gained 2.67%. Investors will be eagerly watching for the performance of Pinterest in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.14, indicating a 75% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $699.44 million, showing a 16.07% escalation compared to the year-ago quarter. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.34 per share and a revenue of $3.58 billion, representing changes of +22.94% and +17.32%, respectively, from the prior year. Furthermore, it would be beneficial for inves Show less Read more
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