Pinterest: Underappreciated Growth Reacceleration
PINSPinterest(PINS) Seeking Alpha·2024-03-16 21:10
Justin Sullivan Investment Thesis Pinterest (NYSE:PINS) recently saw a month in stock gains erased in the wake of its Q4 earnings report. Nevertheless, the report was actually quite solid (despite a revenue miss), with the guide confirming an ongoing revenue acceleration that has apparently not been appreciated, with stronger growth than the Q4 estimates had expected. Given this trend of ongoing expected reasonably strong growth (mid to high teens expected CAGR in combination with some operating margin  ...