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Pinterest (PINS)
:PINS
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.64Last Year’s EPS
0.53Same Quarter Last Year
Moderate Buy
Based on 25 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Aug 01, 2019
|% Change Since: -10.43%
|Next Earnings Date:May 16, 2019
Earnings Call Sentiment|Positive
Pinterest's Q3 2024 earnings call highlighted strong user growth and revenue performance, driven by AI advancements and lower funnel ad tools. However, challenges in specific sectors and ad pricing pressures were noted.Company Guidance
During Pinterest's Q3 2024 earnings call, the company provided guidance for Q4 2024, anticipating revenue in the range of $1.125 billion to $1.145 billion, representing a year-over-year growth of 15% to 17%. This guidance reflects continued strength in lower funnel revenue growth and third-party demand partnerships, despite ongoing softness in the food and beverage category. CEO William Ready highlighted the company's strategic initiatives, including advancements in AI-driven advertising tools and international expansion efforts, which are expected to drive long-term sustainable growth. Pinterest reported a record high of 537 million monthly active users, with revenue for Q3 reaching $898 million, an 18% increase year-over-year. The company also noted a 41% rise in ad impressions, although ad pricing saw a 17% decline due to the international mix shift. Adjusted EBITDA for the quarter was $242 million, with a margin of 27%, up 280 basis points from the previous year.Record User Growth
Pinterest achieved a record high of 537 million monthly active users in Q3 2024, reflecting an 11% year-over-year growth.
Strong Revenue Performance
The company reported Q3 2024 revenue of $898 million, marking an 18% year-over-year increase.
Significant EBITDA Margin Expansion
Adjusted EBITDA margins expanded by more than 800 basis points year-over-year, supporting the company's profitability targets.
Successful AI Integration
AI-driven improvements led to a 300 basis point increase in actionable engagement, enhancing user experience and ad relevance.
Lower Funnel Revenue Growth
Lower funnel revenue was the fastest-growing part of the business for three consecutive quarters, driven by new ad tools and automation.
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PINS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PINS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $33.93 | $29.18 | -14.00% |
| Jul 30, 2024 | $37.35 | $31.95 | -14.46% |
| Apr 30, 2024 | $33.45 | $40.48 | +21.02% |
| Feb 08, 2024 | $40.72 | $36.87 | -9.45% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Pinterest (PINS) report earnings?
Pinterest (PINS) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Pinterest (PINS) earnings time?
Pinterest (PINS) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PINS EPS forecast?
PINS EPS forecast for the fiscal quarter 2024 (Q4) is 0.64.
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