Pinterest Earnings: What to Watch on July 29
Pinterest (NYSE: PINS) is slated to report its second-quarter 2021 results after the market close on Thursday, July 29. A conference call with analysts is scheduled for the same day at 4:30 p.m. EDT.
Many investors will probably be feeling cautiously optimistic -- with emphasis on the "cautiously" -- about the image-discovery platform operator's report. On the positive side, the company has easily beat Wall Street's consensus earnings estimates in at least the most recent four quarters.
On the other hand, Pinterest will have to work harder in 2021 than it had to in 2020 to keep users engaged and to add new users. With the pandemic subsiding in parts of the United States and many other developed countries, many folks have more options than they did last year for how to spend their free time.
Source Fool.com
