Pinterest Earnings: What to Watch on April 27
Pinterest (NYSE: PINS) is slated to report its first-quarter 2022 results after the market closes on Wednesday, April 27. A conference call with analysts is scheduled for the same day at 4:30 p.m. ET.
The visual-based social media company is heading toward its release on a mixed note. Last quarter, shares rose 11.2% after revenue and earnings beat the Wall Street consensus estimates. Indeed, earnings exceeded analysts' expectations in all four quarters last year.
However, user growth -- particularly in the United States -- continues to be pressured by tough year-over-year comparables from the earlier stages of the pandemic, when people were spending much more time in their homes and online.
Source Fool.com
