PINS does not expect the agreement to meaningfully impact its financial results until 2024. ![]() The deal “will be rolled out over several quarters,” Search Engine Land reported. Under the agreement, Pinterest will host ads for Amazon that will take Pinterest’s users directly to Amazon’s website. Analysts expect the company to post quarterly earnings at 0.01. Meanwhile, Pinterest and Amazon announced an advertising deal. Pinterest Announces Second Quarter 2023 Results View all press releases For more news, please visit: Newsroom Events and presentations Upcoming Events No events at this time. (NYSE:PINS) is expected to report financial results for the first quarter after the closing bell on April 27, 2023. However, its adjusted net income dropped 16% year over year (YOY), while its share-based compensation soared almost 100% YOY to $143 million. Its earnings per share, excluding certain items, came in at 8 cents versus analysts’ mean outlook of 2 cents. Pinterest’s Q1 revenue climbed almost 5% versus the same period a year earlier, surpassing analysts’ average estimate of slightly above 3% growth. Investors were disappointed by the company’s guidance, which did not anticipate an acceleration of the firm’s top-line increases and incorporated high spending growth. ![]() (NYSE:PINS) Expected to Post FY2023 Earnings of 0.00 Per Share. Issued By Zacks Research (NYSE:PINS) - October 6 at 7:59 AM. However, the social media website reported stronger-than-expected first-quarter results and unveiled a new partnership with Amazon (NASDAQ: AMZN). FY2024 Earnings Estimate for Pinterest, Inc. Pinterest (NYSE: PINS) stock is tumbling 11% in early trading.
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