Pinterest Delivers Revenue Beat and Gen Z Surge, But Tariff Concerns and EPS Miss Weigh on Shares

Pinterest Delivers Revenue Beat and Gen Z Surge, But Tariff Concerns and EPS Miss Weigh on Shares

Pinterest shares fell over 10 Thursday after the company missed second-quarter earnings per share estimates, according to CNBC. The company reported adjusted earnings per share of 33 cents, missing estimates of 35 cents, while revenue beat expectations at $998 million versus $975 million. Pinterest reported 578 million global monthly active users, surpassing the 574.5 million projected by StreetAccount. Pinterest CEO Bill Ready highlighted 17 revenue growth, record user numbers, and Gen Z making up over half of the platform's user base in the second quarter. Pinterest CFO Julia Donnelly said advertisers remain cautious due to tariffs and broader market uncertainty. She noted that some Asia-based e-commerce retailers reduced U.S. ad spending following the closure of a trade loophole.


User: Benzinga

Views: 17

Uploaded: 2025-08-08

Duration: 00:50

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