Pinterest Beats Revenue Goals, EPS Lags

Pinterest (NYSE:PINS), the image-sharing social media platform, announced its earnings for Q4 2024 on February 6, 2025. The company reached an important milestone by recording its first billion-dollar quarter, with revenue reaching $1.154 billion, up 18% from the previous year. This result surpassed analyst expectations of $1.139 billion and even exceeded the higher end of management's own guidance of $1.125 to $1.145 billion. However, EPS for the quarter came in at $0.56, missing the analyst estimate of $0.64 by 12.5%. Despite the revenue achievement, this earnings miss highlighted ongoing profitability challenges. Overall, the quarter showcased robust user growth but was marred by slower-than-expected EPS growth.Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in 2024-11-07 earnings report.Pinterest, a popular platform that allows users to discover and save creative ideas, has become a significant player in the social media landscape. Its business model revolves around increasing user engagement and monetizing this through advertising. The platform offers an inspirational journey from browsing to purchase, making it appealing to advertisers. Currently, Pinterest is focusing on expanding its user base, particularly in international markets, and enhancing its ad offerings.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool