Pinterest Announces Second Quarter 2022 Results

Go back to Pinterest Announces Second Quarter 2022 Results

RBC Capital on Pinterest Inc (PINS): 'Better-than-feared, Elliott is all in'

August 1, 2022 5:22 PM EDT

RBC Capital analyst Brad Erickson reiterated a Sector Perform rating and $23.00 price target on Pinterest Inc (NYSE: PINS).

The analyst comments "PINS reported Q2 revenue in line with Street ($666MM vs. Street at $665MM) and EBITDA below ($92MM vs. Street at $129MM)... More

Pinterest (PINS) Misses Q2 EPS by 7c

August 1, 2022 4:07 PM EDT

Pinterest (NYSE: PINS) reported Q2 EPS of $0.11, $0.07 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $666 million versus the consensus estimate of $671.41 million.

Global Monthly Active Users (MAUs) decreased 5% year over year to 433... More