Pinterest (NYSE:PINS – Get Free Report) will post its quarterly earnings results after the market closes on Tuesday, April 30th. Analysts expect Pinterest to post earnings of $0.14 per share for the quarter. Pinterest has set its Q1 2024 guidance at EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.
Pinterest (NYSE:PINS – Get Free Report) last posted its quarterly earnings data on Thursday, February 8th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.04. The business had revenue of $981.26 million during the quarter, compared to the consensus estimate of $988.62 million. Pinterest had a positive return on equity of 3.83% and a negative net margin of 1.17%. On average, analysts expect Pinterest to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Pinterest Trading Up 4.0 %
PINS stock opened at $33.96 on Friday. The company has a market capitalization of $23.06 billion, a P/E ratio of -565.91, a PEG ratio of 4.47 and a beta of 0.99. Pinterest has a twelve month low of $20.60 and a twelve month high of $41.60. The business has a 50 day simple moving average of $34.56 and a 200-day simple moving average of $34.19.
Analyst Ratings Changes
Get Our Latest Stock Analysis on PINS
Insider Activity
In other news, Director Jeffrey D. Jordan sold 20,000 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $37.59, for a total value of $751,800.00. Following the completion of the transaction, the director now owns 74,215 shares in the company, valued at $2,789,741.85. The sale was disclosed in a document filed with the SEC, which is available at this link. In other news, CFO Donnelly Julia Brau sold 65,972 shares of the firm’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $34.42, for a total value of $2,270,756.24. Following the completion of the transaction, the chief financial officer now owns 392,829 shares in the company, valued at $13,521,174.18. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Jeffrey D. Jordan sold 20,000 shares of Pinterest stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $37.59, for a total value of $751,800.00. Following the sale, the director now owns 74,215 shares of the company’s stock, valued at approximately $2,789,741.85. The disclosure for this sale can be found here. Insiders sold a total of 184,471 shares of company stock worth $6,525,231 over the last 90 days. 6.85% of the stock is currently owned by corporate insiders.
Pinterest Company Profile
Pinterest, Inc operates as a visual search and discovery platform in the United States and internationally. Its platform allows people to find ideas, such as recipes, home and style inspiration, and others; and to search, save, and shop the ideas. The company was formerly known as Cold Brew Labs Inc and changed its name to Pinterest, Inc in April 2012.
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