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Stock impact report

Pinterest (PINS) Stock Moves -1.41%: What You Should 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 1.46%. Meanwhile, the Dow lost 1.24%, and the Nasdaq, a tech-heavy index, lost 1.63%. The digital pinboard and shopping tool company's shares have seen a decrease of 0.15% over the last month, not keeping up with the Computer and Technology sector's gain of 3.33% and the S&P 500's gain of 1.6%. Analysts and investors alike will be keeping a close eye on the performance of Pinterest in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.14, showcasing a 75% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $699.44 million, up 16.07% from the year-ago period. PINS's full-year Zacks Consensus Estimates are calling for earnings of $1.34 per share and revenue of $3.58 billion. These results would represent year-over-year changes of +22.94% and +17.32%, respectively. Investors should also ta Show less Read more
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