Pinterest Announces Second Quarter 2021 Results
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July 30, 2021 6:51 AM EDT
Rosenblatt analyst Mark Zgutowicz lowered the price target on Pinterest Inc (NYSE: PINS) to $65.00 (from $70.00) while maintaining a Neutral rating.
The analyst commented, "We forecast 21E MAU engagement to trend back to 19 pre-COVID levels and a modest return to growth in 22E.... More
July 30, 2021 6:22 AM EDT
Susquehanna analyst Shyam Patil lowered the price target on Pinterest Inc (NYSE: PINS) to $65.00 (from $75.00) while maintaining a Neutral rating.
The analyst commented, "Social engagement has generally been lackluster as pandemic restrictions ease, and PINS is getting hit hard because... More
July 29, 2021 4:07 PM EDT
Pinterest (NYSE: PINS) reported Q2 EPS of $0.25, $0.12 better than the analyst estimate of $0.13. Revenue for the quarter came in at $613 million versus the consensus estimate of $561.88 million.
Global Monthly Active Users (MAUs) grew 9% year over year to 454 million.
Guidance:
We continue to navigate uncertainty given the ongoing COVID-19 pandemic and other factors. Our current...
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