Pinterest (NASDAQ:PINS) released its quarterly earnings results on Thursday. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.21), Briefing.com reports. The company had revenue of $201.90 million during the quarter, compared to analysts’ expectations of $200.64 million. The business’s revenue for the quarter was up 54.1% on a year-over-year basis. Pinterest updated its FY 2019 guidance to EPS.
Shares of Pinterest stock opened at $30.86 on Friday. Pinterest has a 1 year low of $23.05 and a 1 year high of $35.29.
In related news, Director Fredric G. Reynolds bought 40,000 shares of the business’s stock in a transaction dated Tuesday, April 23rd. The shares were acquired at an average price of $27.04 per share, for a total transaction of $1,081,600.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
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