shares plunged as much as 20% in after-hours on Thursday after the social media company reported a fourth-quarter earnings miss and issued weak guidance.
Here’s how the company did, compared to analysts’ consensus estimates from LSEG:
Pinterest said it expects first-quarter sales to come in between $951 million to $971 million, trailing analyst estimates of $980 million.
This is the second quarter in a row in which Pinterest shed a fifth of its value after delivering Wall Street disappointing results.
