The album, which was reissued on CD in 1997 with additional material and again in 2009, generated several important singles in Sweden. "Neverending Love", "Goodbye to You", and "Soul Deep" were positioned among the top twenty most listened to, while "I Call Your Name" also had its place. By the end of 1987, the album had already sold over 200,000 copies in Sweden, reaching second place on the charts. A track that transcended the album was "It Must Have Been Love (Christmas for the Broken Hearted)", released as a separate single in December 1987 and which became a hit in Sweden. This track, later re-recorded for the soundtrack of the film Pretty Woman in 1990, removing the Christmas reference, became an international hit.
Despite its good reception in its native country, Pearls of Passion did not manage to chart internationally. A later analysis of the album pointed out the absence of elements that would characterize Roxette's later hits, such as Look Sharp! and Joyride, highlighting the lack of powerful guitars and the presence of more generic dance-pop. However, three tracks were recognized as highlights: "Soul Deep", "Neverending Love", and "Secrets That She Keeps". In 1987, Dance Passion was released, an EP with seven remixed versions of songs from the album, and tracks like "Soul Deep" and "So Far Away" were reinterpreted for future Roxette releases.