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-0.000151057401812766 -0.00060422960725085 -0.00105740181268872 -0.000453172205438084 0.00141087613293055 0.000151057401812766 -0.000302114803625318 0.000453172205438084
Stock impact report

Why Is Pinterest (PINS) Up 7.9% Since Last Earnings Report? [Yahoo! Finance]

Pinterest, Inc. Class A (PINS) 
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Pinterest due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Pinterest Q3 Earnings Beat on Solid Revenue Growth Pinterest reported strong third-quarter 2023 results, with the bottom and the top line surpassing the respective Zacks Consensus Estimate. The San Francisco-based Internet content provider reported a revenue expansion year over year. The introduction of AI-driven guided browsing experience, advancement in ad formats, enhanced shoppability and conversion rate increased user engagement on the platform and boosted the top line. Net Income On a GAAP basis, net income was $6.7 million or a penny per share against a loss of $65.2 million or a loss of 10 cents per share in the prior-year quarter. Solid net sales growth boosted the Show less Read more
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