• Pinterest Inc PINS.N reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of thirty two analysts for the quarter was for earnings of 26 cents per share. Wall Street expected results to range from 22 cents to 28 cents per share.

• Revenue rose 15.5% to $854.99 million from a year ago; analysts expected $846.59 million.

• Pinterest Inc's reported EPS for the quarter was 1 cent​.

• The company reported quarterly net income of $8.92 million.

• Pinterest Inc shares had fallen by 11.8% this quarter and lost 5.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.3% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 31 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"

• Wall Street's median 12-month price target for Pinterest Inc is $40.00

This summary was machine generated from LSEG data May 8 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)