PINS - Pinterest (PINS) Increases Despite Market Slip: Here's What You Need to Know | Benzinga

The latest trading session saw Pinterest (NYSE: PINS) ending at $35.51, denoting a +1.54% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily loss of 0.28%. Elsewhere, the Dow lost 0.08%, while the tech-heavy Nasdaq lost 0.42%.

Coming into today, shares of the digital pinboard and shopping tool company had lost 1.19% in the past month. In that same time, the Computer and Technology sector gained 3.64%, while the S&P 500 gained 2.67%.

Investors will be eagerly watching for the performance of Pinterest in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.14, indicating a 75% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $699.44 million, showing a 16.07% escalation compared to the year-ago quarter.

For the entire fiscal year, ...

PINS) Increases Despite Market Slip: Here's What You Need to Know>Full story available on Benzinga.com