Pinterest Earnings: What to Watch
Pinterest (NYSE: PINS) is slated to report its first-quarter 2021 results after the market close on Tuesday, April 27. A conference call with analysts is scheduled for the same day at 6 p.m. EDT.
It seems likely that many investors will be approaching the visual image-discovery platform operator's release with much optimism. The company performed well last year, thanks in part to a tailwind from the COVID-19 pandemic, which boosted overall social media use.
Enthused by the company's robust recent performance and bright outlook, investors have been pouring into the growth stock. Shares of Pinterest have gained a whopping 347% over the one-year period through April 14, and are only about 6% off their all-time high set in mid-February. The S&P 500 index has returned about 47% over the last year.
Source Fool.com
