Pinterest (PINS) Tops Q3 EPS by 5c

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Pinterest Inc (PINS) PT Lowered to $55 at Rosenblatt

November 5, 2021 7:36 AM EDT

Rosenblatt analyst Mark Zgutowicz lowered the price target on Pinterest Inc (NYSE: PINS) to $55.00 (from $65.00) while maintaining a Neutral rating.

The analyst commented, "Following 4Q revenue guidance roughly -7% below our expectations, we lower our below consensus... More

Pinterest Inc (PINS) PT Lowered to $55 at Goldman Sachs

November 5, 2021 6:12 AM EDT

Goldman Sachs analyst Eric Sheridan lowered the price target on Pinterest Inc (NYSE: PINS) to $55.00 (from $57.00) while maintaining a Neutral rating.

The analyst commented, "In many ways, PINS Q3 21 earnings report crystallized many investor fears about a broad impact in terms of user... More

Pinterest (PINS) Stock Gains on a Q3 Beat but Analysts Remain Cautious and Lower Numbers

November 5, 2021 5:55 AM EDT

Shares of Pinterest (NYSE: PINS) are up 5% in pre-open Friday after the company topped analyst views for the third quarter.

Pinterest reported Q3 EPS of $0.28 that is better than the analyst estimate of $0.23. Revenue for the quarter came in at $633 million compared to the consensus estimate of $631.24 million.

We were pleased with the financial results that we delivered in Q3. Revenue grew 43% year-over-year and I am proud of the teams progress in launching a number of new products for both creators and brands, bringing more video content and shoppable features to Pinterest, said... More