Earnings Preview: Pinterest
Portfolio Pulse from Benzinga Insights
Pinterest (NYSE:PINS) is set to release its quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $0.20. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $24.1, down 0.89% over the last 52-week period.
October 27, 2023 | 4:01 pm
News sentiment analysis
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NEGATIVE IMPACT
Pinterest's upcoming earnings report could impact its stock price. Past performance shows a trend of share price drops following earnings beats. The stock is currently down 0.89% over the last 52-week period.
The upcoming earnings report is a significant event for Pinterest. Given the company's history of share price drops following earnings beats, there is a potential for negative short-term impact on the stock. The current downward trend in the stock price also suggests investor sentiment may be negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100