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Stock impact report

Pinterest (PINS) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]

Pinterest, Inc. Class A (PINS) 
Company Research Source: Yahoo! Finance
This move lagged the S&P 500's daily gain of 0.55%. Elsewhere, the Dow gained 0.52%, while the tech-heavy Nasdaq added 0.7%. The digital pinboard and shopping tool company's shares have seen an increase of 2.74% over the last month, surpassing the Computer and Technology sector's loss of 8.51% and the S&P 500's loss of 5.56%. Market participants will be closely following the financial results of Pinterest in its upcoming release. It is anticipated that the company will report an EPS of $0.25, marking a 25% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $847.24 million, indicating a 14.49% growth compared to the corresponding quarter of the prior year. PINS's full-year Zacks Consensus Estimates are calling for earnings of $1.82 per share and revenue of $4.28 billion. These results would represent year-over-year changes of +41.09% and +17.29%, respectively. It is also important to note the recen Show less Read more
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