Pinnacle Financial's Earnings: A Preview

Pinnacle Financial (NASDAQ: PNFP) releases its next round of earnings Tuesday. Here's Benzinga's essential guide to Pinnacle Financial's earnings report.

Earnings and Revenue

Wall Street analysts see Pinnacle Financial reporting earnings of 92 cents per share per share on sales of $224 million.

In the same quarter last year, Pinnacle Financial reported earnings per share of 79 cents per share on sales of $120 million. If the company were to match the current consensus estimate when it reports Tuesday, EPS would be up 10.84 percent. Sales would be up 86.54 percent on a year-over-year basis.

Pinnacle Financial's reported EPS has stacked up against analyst estimates in the past like this:

View more earnings on PNFP

Quarter

Q3 2017

Q2 2017

Q1 2017

Q4 2016

EPS Estimate

0.9

0.8

0.77

0.81

EPS Actual

0.9

0.84

0.83

0.83

Q4 EPS Estimate: 92 cents per share
Q4 Revenues Estimate: $224 million

Stock Performance

As of Jan. 16, Pinnacle Financial's current share price was $68.55. For a full 12 months, the return has risen by 1.9 percent. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts generally rate Pinnacle Financial stock as Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

Pinnacle Financial's Q4 is scheduled to hold a conference call at 8:00 a.m. ET and it can be accessed here: https://www.pnfp.com/

See more from Benzinga

© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Advertisement