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Stock impact report

PINS Set to Report Q1 Results: Will Top-Line Growth Boost Earnings? [Yahoo! Finance]

Pinterest, Inc. Class A (PINS) 
Company Research Source: Yahoo! Finance
The company pulled off a trailing four-quarter earnings surprise of 13.24%, on average. It is expected to witness top-line expansion year over year, driven by increasing user engagement in the United States, Canada and Europe. Initiatives to introduce artificial intelligence (AI) and automation-powered ad products and rising engagement among Gen Z users are positive factors. Pinterest is witnessing greater engagement on the platform from its existing user base. The company's focus on improving operational rigor and incorporating sophisticated AI models to enhance relevancy and personalization is likely to have generated incremental revenues in the to-be-reported quarter. It also emphasizes building new ad tools and formats to help grow the scope of monetization on the platform. Enhancements in lower funnel solutions like mobile deep linking, shopping ads and API for conversions are providing a sustained return on investment to advertisers. This will enable advertisers to measure the Show less Read more
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