Pinterest Inc. (PINS) has seen a stock performance increase of +5.4% over the past month, outperforming the S&P 500 composite’s +3.4% change. The company is expected to report earnings of $0.28 per share for the current quarter, reflecting a year-over-year change of +33.3%, and an earnings estimate of $1.45 for the fiscal year, also with a +33% increase.
The current quarter’s consensus sales estimate is $847.13 million, up +19.7% year-over-year, with projected sales of $3.67 billion and $4.3 billion for the current and next fiscal years, reflecting growth of +20.1% and +17.2%, respectively. Pinterest recently reported revenues of $739.98 million for the last quarter, surpassing the consensus estimate of $699.96 million by +5.72%.
Pinterest holds a Zacks Rank #3 (Hold), indicating expectations of performance in line with broader market trends. However, its current valuation is graded as D, suggesting that it is trading at a premium compared to its peers.
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