3 Things You'll Want to Know When Pinterest Reports Q1 Earnings
Pinterest (NYSE: PINS) is set to report first-quarter earnings on Tuesday, April 27. The social media company is coming off a strong 2020 where it benefitted from pandemic-related lockdown efforts that kept millions of people (and potential new users) cooped up in their homes and looking for social outlets.
As 2021 progresses, some portion of the world's populace is getting back to some level of normalcy as vaccination efforts are going well allowing select regions to ease business restrictions and allow safe social interactions more often. But in select countries (India and Brazil for example) vaccination efforts are not proceeding as rapidly, and rising coronavirus case counts continue to disrupt. No matter which scenario is in effect, Pinterest's user base and will likely be affected and this could be reflected in its upcoming report.
Let's look at three things current and potential Pinterest investors will want to know when the company reports Q1 earnings next week.
Source Fool.com
