Pinterest shares plummet 15% on earnings miss, weak forecast
Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024.Pinterest shares tanked as much as 15% on Tuesday after the company reported third-quarter financial results that missed on earnings per share and provided weak guidance.Here's how the company did, compared to analysts' consensus estimates from LSEG:Earnings per share: 38 cents adjusted vs. 42 cents expectedRevenue: 1.05 billion expectedPinterest's third-quarter sales grew 17% year over yea ...