Pinterest Announces First Quarter 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Pinterest Inc (PINS) PT Lowered to $24 at Susquehanna
May 17, 2019 7:00 AM EDTSusquehanna analyst Shyam Patil lowered the price target on Pinterest Inc (NYSE: PINS) to $24.00 (from $35.00) while maintaining a Neutral rating following results.
Patil commented, "1Q was broadly in-line with the preannounced range, but 2019 guide missed expectations and will likely lead to downward... More
Pinterest (PINS) Misses Q1 EPS by 21c, Offers FY Guidance
May 16, 2019 4:04 PM EDTPinterest (NYSE: PINS) reported Q1 EPS of ($0.32), $0.21 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $201.91 million versus the consensus estimate of $200.61 million.
GUIDANCE:
Pinterest sees FY2019 revenue of $1.055-1.08 billion, versus the consensus of $1.06... More

