CML Pro members, we have an updated little post on $PINS in Community.
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$PINS
If we use the Historical Estimates Tools in CML Pro (available to you for free), we see that analysts, in the past, have had a hard time keeping up with Pinterest’s actual growth versus analyst estimates:
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If we use the Historical Estimates Tools in CML Pro (available to you for free), we see that analysts, in the past, have had a hard time keeping up with Pinterest’s actual growth versus analyst estimates:
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To put it into words:
In July of 2020, the consensus analyst estimates for fiscal 2022 and 20023 revenue for Pinterest were $2.1B and $2.4B, respectively.
We note that the implied estimate of growth from 2022 to 2023 was about 14%.
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In July of 2020, the consensus analyst estimates for fiscal 2022 and 20023 revenue for Pinterest were $2.1B and $2.4B, respectively.
We note that the implied estimate of growth from 2022 to 2023 was about 14%.
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$PINS
Today, the estimates for the exact same years of 2022 and 2023 are $3.4B and $4.6B.
So, analysts have risen their full year 2022 and 2023 revenue estimates by 62% and 92%, respectively while now implying 35% growth between 2022 and 2023 up from 14%.
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Today, the estimates for the exact same years of 2022 and 2023 are $3.4B and $4.6B.
So, analysts have risen their full year 2022 and 2023 revenue estimates by 62% and 92%, respectively while now implying 35% growth between 2022 and 2023 up from 14%.
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$PINS It’s was a radical discombobulation that hit the analyst community in 2020 and it is now getting straightened out.
At the same time that revenue estimates were abruptly raised, so too adjusted EBITDA estimates came higher.
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At the same time that revenue estimates were abruptly raised, so too adjusted EBITDA estimates came higher.
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$PINS
$Adjusted EBITDA estimates for fiscal 2022 and 2023 have been raised 400% (976/193) for 2022 and 426% (1544/293) for 2023.
There we have what appears to be another complete reordering of thought from the analyst community.
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$Adjusted EBITDA estimates for fiscal 2022 and 2023 have been raised 400% (976/193) for 2022 and 426% (1544/293) for 2023.
There we have what appears to be another complete reordering of thought from the analyst community.
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$PINS
We don’t think we will see such a dramatic change to Wall Street’s consensus estimates for Pinterest as we have in the last year, but we have circumstantial evidence that the company is underappreciated.
Get more here: bit.ly/CMLPro
We don’t think we will see such a dramatic change to Wall Street’s consensus estimates for Pinterest as we have in the last year, but we have circumstantial evidence that the company is underappreciated.
Get more here: bit.ly/CMLPro
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