Pinnacle Financial Partners Inc expected to post earnings of $1.54 a share - Earnings Preview

Pinnacle Financial Partners

19/04/2024 22:23

* Pinnacle Financial Partners Inc  PNFP.OQ   PNFP.O  is
expected
to show a rise in quarterly revenue when it reports  results on
April 22 for the period ending March 31 2024
    * The Nashville Tennessee-based  company is expected to
report a
5.2% increase in revenue to $422.49 million from $401.76 million
a year ago, according to the mean estimate from 11 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Pinnacle Financial
Partners
Inc is for earnings of $1.54 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Pinnacle
Financial Partners Inc is $98.00​, above​ its last closing price
of $78.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.58        1.60       1.68      Beat    4.9
 Sep. 30 2023  1.71        1.71       1.69      Missed  -1.1
 Jun. 30 2023  1.58        1.63       1.79      Beat    9.5​
 Mar. 31 2023  1.68        1.72       1.76      Beat    2.6
 ​​Dec.        2.06        2.04       1.76      Missed  -13.6
 31 2022                                                
 Sep. 30 2022  1.90        1.89       1.91      Beat    1.1​
 Jun. 30 2022  1.67        1.67       1.86      Beat    11.3
 Mar. 31 2022  1.57        1.57       1.65      Beat    4.8
 This summary was machine generated April 19 at 21:23 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)