Pinterest Announces First Quarter 2019 Results

Go back to Pinterest Announces First Quarter 2019 Results

Pinterest Inc (PINS) PT Lowered to $24 at Susquehanna

May 17, 2019 7:00 AM EDT

Susquehanna 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 EDT

Pinterest (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