Recap: Pinterest Q3 Earnings


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Pinterest (NYSE:PINS) reported its Q3 earnings results on Thursday, October 27, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Pinterest beat estimated earnings by 83.33%, reporting an EPS of $0.11 versus an estimate of $0.06.

Revenue was up $51.62 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 11.61% increase in the share price the next day.

Here's a look at Pinterest's past performance:

QuarterQ2 2022Q1 2022Q4 2021Q3 2021
EPS Estimate0.180.030.450.23
EPS Actual0.110.100.490.28
Revenue Estimate673.66M572.79M827.16M631.24M
Revenue Actual665.93M574.88M846.65M632.93M

To track all earnings releases for Pinterest visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsBZI-Recaps