Pinnacle Financial Partners Inc expected to post earnings of $1.71 a share - Earnings Preview

Pinnacle Financial Partners

13/10/2023 22:03

* Pinnacle Financial Partners Inc  PNFP.OQ   PNFP.O  is
expected
to show a rise in quarterly revenue when it reports  results 
    * The Nashville Tennessee-based  company is expected to
report  a
2.8% increase in revenue to $421.822 million from $410.37
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Pinnacle Financial
Partners Inc is for earnings of $1.71 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"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 $82.5​, above​ its last closing price
of $67.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  2.06        2.04       1.76      Missed  -13.6​
 Sep. 30 2022  1.90        1.89       1.91      Beat    1.1
 ​​Jun.        1.67        1.67       1.86      Beat    11.3
 30 2022                                                
 Mar. 31 2022  1.57        1.57       1.65      Beat    4.8​
 Dec. 31 2021  1.58        1.58       1.71      Beat    8.5
 Sep. 30 2021  1.56        1.55       1.75      Beat    13.2
 This summary was machine generated October 13 at 21:03 GMT.  All
figures in US dollars  unless otherwise stated