{"id":8668,"date":"2025-11-04T21:26:53","date_gmt":"2025-11-04T21:26:53","guid":{"rendered":"https:\/\/www.jubi24.com\/?p=8668"},"modified":"2025-11-04T21:26:55","modified_gmt":"2025-11-04T21:26:55","slug":"pinterest-shares-plummet-15-on-earnings-miss-weak-forecast","status":"publish","type":"post","link":"https:\/\/www.jubi24.com\/?p=8668","title":{"rendered":"Pinterest shares plummet 15% on earnings miss, weak forecast"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\" \/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-107415431\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024.<\/p>\n<p>Brendan McDermid | Reuters<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\"><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\"><a href=\"https:\/\/www.cnbc.com\/quotes\/PINS\/\">Pinterest<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span> shares tanked as much as 15% on Tuesday after the company reported third-quarter financial results that missed on earnings per share and provided weak guidance.<\/p>\n<p>Here&#8217;s how the company did, compared to analysts&#8217; consensus estimates from LSEG:<\/p>\n<ul>\n<li><strong>Earnings per share<\/strong>: 38 cents adjusted vs. 42 cents expected<\/li>\n<li><strong>Revenue<\/strong>: $1.05 billion vs. $1.05 billion expected<\/li>\n<\/ul>\n<p>Pinterest&#8217;s third-quarter sales grew 17% year over year while net income was $92.11 million, up 201% from $30.56 million a year ago during the same period.<\/p>\n<p>The company said fourth-quarter revenue will come in between $1.31 billion and $1.34 billion. The midpoint of the revenue outlook, $1.325 billion, trailed Wall Street&#8217;s projections of $1.34 billion.<\/p>\n<p>After the stock move in extended-trading on Tuesday, Pinterest erased its gains for the year.<\/p>\n<p>Pinterest said it recorded 600 million global monthly active users in the third quarter, ahead of the 590 million that StreetAccount was projecting. In August, Pinterest\u00a0<a href=\"https:\/\/www.cnbc.com\/2025\/08\/07\/pinterest-pins-q2-earnings-report-2025.html\">reported<\/a> 578 million monthly active users for the second quarter.<\/p>\n<p>The company logged $306 million in third-quarter adjusted earnings before interest, taxes, depreciation and amortization, or EBIDTA. That was higher than StreetAccount&#8217;s estimates of $295 million.<\/p>\n<p>Third-quarter sales in the U.S. and Canada came in at $786 million, lower than StreetAccount&#8217;s estimates of $799 million.<\/p>\n<p>Pinterest&#8217;s third-quarter global average revenue per user was $1.78 and less than the $1.79 that StreetAccount was projecting.<\/p>\n<p>&#8220;Our investments in AI and product innovation are paying off,&#8221; Pinterest CEO Bill Ready said in a statement. &#8220;We&#8217;ve become a leader in visual search and have effectively turned our platform into an AI-powered shopping assistant for 600 million consumers.&#8221;<\/p>\n<p>Tech giants <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-3\"><a href=\"https:\/\/www.cnbc.com\/quotes\/META\/\">Meta<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span>, <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-4\"><a href=\"https:\/\/www.cnbc.com\/quotes\/GOOGL\/\">Alphabet<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span> and <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-5\"><a href=\"https:\/\/www.cnbc.com\/quotes\/AMZN\/\">Amazon<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span> reported their most recent quarterly earnings last week. Those reports showed <a href=\"https:\/\/www.cnbc.com\/2025\/11\/01\/meta-alphabet-amazon-microsoft-earnings-ads.html\">strong digital advertising sales<\/a> amid their big <a href=\"https:\/\/www.cnbc.com\/2025\/10\/31\/tech-ai-google-meta-amazon-microsoft-spend.html\">spending<\/a> for artificial intelligence infrastructure.<\/p>\n<p>Meta said that its third-quarter\u00a0<a href=\"https:\/\/www.cnbc.com\/2025\/10\/29\/meta-q3-earnings-report-2025.html\">revenue, of which 98% is derived from online ads,<\/a>\u00a0soared 26% year-over-year to $51.24 billion, representing the company&#8217;s strongest year-over-year sales growth since the first quarter of 2024.<\/p>\n<p>Sales in Amazon&#8217;s online ad unit\u00a0<a href=\"https:\/\/www.cnbc.com\/2025\/10\/31\/amazon-amzn-stock-earnings-revenue-ai-cloud.html\">rose 24% year-over-year<\/a>\u00a0to $17.7 billion, which was a faster growth rate than the tech giant&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/2025\/10\/30\/aws-q3-2025-earnings-report-amazon-cloud.html\">AWS cloud computing unit<\/a>.<\/p>\n<p>Alphabet reported $74.18 billion in total <a href=\"https:\/\/www.cnbc.com\/2025\/10\/29\/alphabet-google-q3-earnings.html\">advertising<\/a>\u00a0sales for the third quarter, which was a nearly 13% increase from $65.85 billion a year ago. The company&#8217;s YouTube unit saw third-quarter online revenue jump 15% increase to $10.26 billion.<\/p>\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-12\"><a href=\"https:\/\/www.cnbc.com\/quotes\/RDDT\/\">Reddit<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span> reported\u00a0third-quarter <a href=\"https:\/\/www.cnbc.com\/2025\/10\/30\/reddit-rddt-q3-2025.html\">earnings<\/a> last Thursday and said sales ballooned 68% year-over-year to $585 million while global daily active uniques were up 19% year-over-year to 116 million, topping estimates of 114 million.\u00a0<\/p>\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-14\"><a href=\"https:\/\/www.cnbc.com\/quotes\/SNAP\/\">Snap<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span> reports its quarterly results on Wednesday.<\/p>\n<p><strong>WATCH<\/strong>: <a href=\"https:\/\/www.cnbc.com\/video\/2025\/11\/03\/final-trades-meta-sp-global-and-idexx-lab.html\">Final Trades: Meta, S&amp;P Global and Idexx Lab<\/a>.<\/p>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108220716\">\n<div role=\"button\" id=\"Placeholder-ArticleBody-Video-108220716\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000394338\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\" \/><span \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2025\/11\/04\/pinterest-pins-q3-earnings-report-2025.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024. Brendan McDermid | Reuters Pinterest shares tanked as much as 15% on Tuesday after the company reported third-quarter financial results that missed on earnings per share and provided weak guidance. Here&#8217;s how the company did, compared &#8230; <a title=\"Pinterest shares plummet 15% on earnings miss, weak forecast\" class=\"read-more\" href=\"https:\/\/www.jubi24.com\/?p=8668\" aria-label=\"Read more about Pinterest shares plummet 15% on earnings miss, weak forecast\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":8669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-8668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.jubi24.com\/wp-content\/uploads\/2025\/11\/Pinterest-shares-plummet-15-on-earnings-miss-weak-forecast.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/8668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8668"}],"version-history":[{"count":1,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/8668\/revisions"}],"predecessor-version":[{"id":8670,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/8668\/revisions\/8670"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/media\/8669"}],"wp:attachment":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}