Pinterest shares surge as much as 20% after company beats on fourth quarter revenue, shows strong user growth
- Pinterest's stock rose 18% after reporting fourth-quarter earnings of $1.15 billion, exceeding analyst expectations of $1.14 billion. This marks Pinterest's first-ever billion-dollar quarter.
- Advertisement impressions on Pinterest increased by 43% in the last quarter, according to Chief Financial Officer Julia Brau Donnelly.
- Pinterest expects first-quarter sales for 2025 to be between $837 million and $852 million, surpassing earlier estimates of $833 million, as stated by the company.
- Analysts at Bernstein upgraded Pinterest's stock price target to $47, highlighting the company's strong execution and growth potential in advertising.
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Leaning Left5Leaning Right2Center4Last UpdatedBias Distribution45% Left
Bias Distribution
- 45% of the sources lean Left
46% Left
L 46%
C 36%
R 18%
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