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Stock impact report

Pinterest (PINS) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]

Pinterest, Inc. Class A (PINS) 
Company Research Source: Yahoo! Finance
This move lagged the S&P 500's daily loss of 0.46%. At the same time, the Dow lost 0.98%, and the tech-heavy Nasdaq lost 0.64%. The digital pinboard and shopping tool company's shares have seen a decrease of 5.82% over the last month, not keeping up with the Computer and Technology sector's loss of 5.01% and the S&P 500's loss of 3.04%. The investment community will be closely monitoring the performance of Pinterest in its forthcoming earnings report. The company is scheduled to release its earnings on April 30, 2024. The company's upcoming EPS is projected at $0.14, signifying a 75% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $699.44 million, up 16.07% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.34 per share and a revenue of $3.58 billion, indicating changes of +22.94% and +17.32%, respectively, from the former year. It' Show less Read more
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