Pinterest shares closed up 1.49% at $18.73, outpacing a 0.03% decline in the S&P 500. The company is expected to report earnings per share of $0.5 for its upcoming quarter, a 31.58% increase from the year-ago period, on revenue of $1.2 billion, up 14.42%. For the full year, the Zacks Consensus Estimates project earnings of $2.06 per share and revenue of $4.89 billion, representing growth of 28.75% and 15.93%, respectively. The consensus EPS estimate has moved 6.33% lower over the past month, and Pinterest currently carries a Zacks Rank of #3 (Hold). The stock trades at a forward P/E of 8.97, a discount to its industry average of 19.86, and has a PEG ratio of 0.34 versus an Internet - Software industry average of 1.15.
Pinterest IncAnalysts project 31.58% EPS growth and the stock trades at a forward P/E discount to its industry average.
