Should Investors Buy the Post-Earnings Dip in Pinterest (PINS) Stock?
Pinterest(PINS) ZACKS·2024-11-12 06:21
Despite exceeding Q3 top and bottom line expectations, weaker revenue guidance led to Pinterest (PINS) stock falling over -15% last Friday.While the visual recommendations provider didn’t receive a post-earnings spike like other social media stocks such as Meta Platforms (META) and Snap (SNAP) , investors may wonder if the selloff in PINS is overdone. Pinterest Q3 Results Reporting Q3 results after market hours last Thursday, Pinterest’s quarterly EPS of $0.40 was above the Zacks Consensus of $0.34 and so ...