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Stock impact report

Pinterest (PINS) Rises As Market Takes a Dip: Key Facts [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 0.22%. At the same time, the Dow added 0.06%, and the tech-heavy Nasdaq lost 0.52%. Prior to today's trading, shares of the digital pinboard and shopping tool company had lost 4.43% over the past month. This has lagged the Computer and Technology sector's loss of 1.64% and the S&P 500's loss of 1.66% in that time. Market participants will be closely following the financial results of Pinterest in its upcoming release. The company plans to announce its earnings on April 30, 2024. On that day, Pinterest is projected to report earnings of $0.14 per share, which would represent year-over-year growth of 75%. In the meantime, our current consensus estimate forecasts the revenue to be $699.44 million, indicating a 16.07% growth compared to the corresponding quarter of the prior year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.34 per share and revenue of $3.58 Show less Read more
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