Pinterest shares rise 10% on better-than-expected guidance
- Pinterest shares increased by 10% in extended trading after better-than-expected first-quarter earnings were reported.
- The company forecasted second-quarter sales between $960 million and $980 million, exceeding analysts' expectations of $966 million.
- Pinterest had 570 million monthly active users, surpassing Wall Street estimates of 565 million.
- Adjusted earnings before interest, taxes, depreciation, and amortization were $172 million, higher than the expected $164 million.
Insights by Ground AI
Does this summary seem wrong?
11 Articles
11 Articles
All
Left
2
Center
5
Right
Pinterest Stock Surges On Q1 Earnings, Company Sees Continued Momentum In Revenue, User Growth, Engagement - Pinterest (NYSE:PINS)
Pinterest reports first-quarter financial results after the market close on Thursday. Here's a look at the key metrics from the quarter.
·New York, United States
Read Full ArticlePinterest Shares Rise After Revenue Outlook Tops Estimates
Pinterest Inc. guided second-quarter revenue ahead of the estimates at the midpoint, further easing concerns of an advertising downturn among its peers. The shares climbed 11% in post-market trading as of 4:06 pm New York time.
·United States
Read Full ArticleCoverage Details
Total News Sources11
Leaning Left2Leaning Right0Center5Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
L 29%
C 71%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage