NYSE:PINSInteractive Media and Services
Pinterest (PINS) Stock Revenue Growth Clashes With Profit Reset
Pinterest stock just took an 8.7% hit, yet the headline from this quarter is not collapse. It is a revenue engine that keeps grinding higher while margins reset. The company printed Q2 revenue of US$1.18b and still reported a loss, which jars against a lofty 53.1x P/E multiple on trailing earnings. That disconnect is what fueled today’s drop.
For you as an investor, the real story now is whether this pricing shock reflects a sober reassessment of Pinterest’s slimmer 5.5% net margin over the...