$PINS missed Q3 expectations and is getting punished for it — down 7.4% after hours to $18.45.
The numbers:
EPS came in at $0.46 vs $0.48 expected. Revenue hit $1.17B (up 12% YoY) but missed the $1.21B estimate. That's a gap you can't ignore.
Q4 guidance is the real issue — they're calling for $1.425B to $1.475B when the street wanted $1.52B. That's a meaningful shortfall and signals weaker momentum heading into year-end.
Europe revenue stayed flat at $193M, which raises questions about growth sustainability in a key region.
From a chart perspective, this kind of miss plus weak guidance usually means we retest support. Watch how $18 holds — if it breaks, you're looking at a deeper flush. If it bounces with volume, that's your signal the dip buyers are stepping in.
Misses matter. Guidance matters more. This one's teaching us that revenue growth without meeting expectations still gets sold. Trade the reaction, not the narrative.
The numbers:
EPS came in at $0.46 vs $0.48 expected. Revenue hit $1.17B (up 12% YoY) but missed the $1.21B estimate. That's a gap you can't ignore.
Q4 guidance is the real issue — they're calling for $1.425B to $1.475B when the street wanted $1.52B. That's a meaningful shortfall and signals weaker momentum heading into year-end.
Europe revenue stayed flat at $193M, which raises questions about growth sustainability in a key region.
From a chart perspective, this kind of miss plus weak guidance usually means we retest support. Watch how $18 holds — if it breaks, you're looking at a deeper flush. If it bounces with volume, that's your signal the dip buyers are stepping in.
Misses matter. Guidance matters more. This one's teaching us that revenue growth without meeting expectations still gets sold. Trade the reaction, not the narrative.