We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Pinterest (PINS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Read MoreHide Full Article
For the quarter ended September 2023, Pinterest (PINS - Free Report) reported revenue of $763.2 million, up 11.5% over the same period last year. EPS came in at $0.28, compared to $0.11 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $743.34 million, representing a surprise of +2.67%. The company delivered an EPS surprise of +33.33%, with the consensus EPS estimate being $0.21.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Pinterest performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Monthly Active Users - Global: 482 versus 472 estimated by seven analysts on average.
ARPU - Global: $1.61 compared to the $1.57 average estimate based on seven analysts.
Monthly Active Users - International: 258 compared to the 249 average estimate based on five analysts.
Monthly Active Users - United States: 96 versus the five-analyst average estimate of 96.
Monthly Active Users - Europe: 128 versus 126 estimated by five analysts on average.
ARPU - Rest of World: $0.12 compared to the $0.13 average estimate based on five analysts.
ARPU - Europe: $0.91 versus $0.82 estimated by five analysts on average.
ARPU - United States: $6.46 versus the five-analyst average estimate of $6.34.
Geographic Revenue- Europe: $114 million compared to the $103.09 million average estimate based on five analysts. The reported number represents a change of +32.6% year over year.
Geographic Revenue- International: $31 million compared to the $32.25 million average estimate based on five analysts. The reported number represents a change of +29.2% year over year.
Geographic Revenue- United States: $618 million versus $606.95 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +7.5% change.
Shares of Pinterest have returned -9.9% over the past month versus the Zacks S&P 500 composite's -3.6% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Pinterest (PINS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended September 2023, Pinterest (PINS - Free Report) reported revenue of $763.2 million, up 11.5% over the same period last year. EPS came in at $0.28, compared to $0.11 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $743.34 million, representing a surprise of +2.67%. The company delivered an EPS surprise of +33.33%, with the consensus EPS estimate being $0.21.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Pinterest performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Monthly Active Users - Global: 482 versus 472 estimated by seven analysts on average.
- ARPU - Global: $1.61 compared to the $1.57 average estimate based on seven analysts.
- Monthly Active Users - International: 258 compared to the 249 average estimate based on five analysts.
- Monthly Active Users - United States: 96 versus the five-analyst average estimate of 96.
- Monthly Active Users - Europe: 128 versus 126 estimated by five analysts on average.
- ARPU - Rest of World: $0.12 compared to the $0.13 average estimate based on five analysts.
- ARPU - Europe: $0.91 versus $0.82 estimated by five analysts on average.
- ARPU - United States: $6.46 versus the five-analyst average estimate of $6.34.
- Geographic Revenue- Europe: $114 million compared to the $103.09 million average estimate based on five analysts. The reported number represents a change of +32.6% year over year.
- Geographic Revenue- International: $31 million compared to the $32.25 million average estimate based on five analysts. The reported number represents a change of +29.2% year over year.
- Geographic Revenue- United States: $618 million versus $606.95 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +7.5% change.
View all Key Company Metrics for Pinterest here>>>Shares of Pinterest have returned -9.9% over the past month versus the Zacks S&P 500 composite's -3.6% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.