Bill Ready, CEO, Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, May 5, 2025.
Patrick T. Fallon | AFP | Getty Images
Pinterest shares fell 7% in extended trading on Tuesday after the company reported better-than-expected earnings and revenue but issued lukewarm sales guidance.
Here’s how the company did, compared to analysts’ consensus estimates from LSEG:
- Earnings per share: 43 cents adjusted vs. 36 cents expected
- Revenue: $1.18 billion vs. $1.15 billion expected
Sales rose 18% from $998.2 million a year earlier, while the company’s net loss for the period was $47 million, a loss of 8 cents per share, Pinterest said in a statement. The social media company posted net income of $38.76 million, or 6 cents per share, a year ago.
“Our Q2 results reflect the scale and strength of our platform,” Pinterest CEO Bill Ready said in the release.
Revenue this quarter should come in between $1.19 billion and $1.21 billion. The midpoint of $1.2 billion was in line with analyst expectations. The guidance “assumes a modest headwind from foreign exchange based on current spot rates,” Pinterest said.
Adjusted earnings for the quarter of $311 million, topped analyst projections of $270 million, according to StreetAccount.
The company’s global monthly active users, or MAUs, jumped 11% year-over-year to 640 million, beating estimates of 635 million.
Global average revenue per user, or ARPU, was $1.86, ahead of projections.
Pinterest stock chart.
