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Explore Pinterest's (PINS) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Pinterest stock fell after a disappointing earnings release.
Patience is key with these two stocks.
Shares of Pinterest Inc PINS tanked in early trading on Wednesday, despite the company reporting upbeat second-quarter results.
Pinterest (PINS) second-quarter 2024 results benefit from strong user growth across all regions.
As Pinterest looks to become a central figure in the social commerce space, the company is integrating more directly shoppable features across the platform to drive sales. In its second quarter 2024 earnings results reported Tuesday (July 30), the company shared that revenue rose 21% year over year, reaching $854 million.
Pinterest Inc (NYSE:PINS) shares have tumbled by more than 11% ahead of the open as it warned that earnings could be under pressure in the following months. The social media platform saw its second-quarter earnings beat guidance, but investors appear to have focused more on the lower guidance.
Pinterest, Inc. (NYSE:PINS ) Q2 2024 Earnings Call Transcript July 30, 2024 4:30 PM ET Company Participants Bill Ready - Chief Executive Officer Julia Donnelly - Chief Financial Officer Andrew Somberg - Vice President, Investor Relations & Treasury Conference Call Participants Ross Sandler - Barclays Colin Sebastian - Baird Eric Sheridan - Goldman Sachs Ron Josey - Citi Mark Mahaney - Evercore Rich Greenfield - LightShed Partners Doug Anmuth - JPMorgan Dan Salmon - New Street Research Operator Hello, everyone. Thank you for attending today's Pinterest Second Quarter 2024 Earnings Call.
The headline numbers for Pinterest (PINS) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Pinterest (PINS) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.21 per share a year ago.