Pinterest Inc Class A
PINS: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| mL | LOCK|rX#% | LOCK|LhkbkL |
Pinterest Earnings: Strong, Offset by Weak Outlook; Fair Value Cut 19% to $35 As Competition Rises
Pinterest reported strong third-quarter earnings, with sales and adjusted EBITDA expanding 17% to $1.05 billion and 200 basis points to 27%, respectively. The strong results were offset by the firm's fourth-quarter guidance, with the $1.33 billion sales target falling short of the FactSet consensus.
