Pinnacle Financial Partners Inc (PNFP, Financial) is set to release its Q3 2024 earnings on Oct 15, 2024. The consensus estimate for Q3 2024 revenue is $461.25 million, and the earnings are expected to come in at $1.77 per share. The full year 2024's revenue is expected to be $1.78 billion and the earnings are expected to be $5.87 per share. More detailed estimate data can be found on the Forecast page.
Pinnacle Financial Partners Inc (PNFP, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Pinnacle Financial Partners Inc (PNFP) for the full year 2024 have decreased from $1.80 billion to $1.78 billion, and for 2025, estimates have decreased from $2.03 billion to $2.00 billion. Earnings estimates for the full year 2024 have also been revised down from $6.83 per share to $5.87 per share, and for 2025, from $8.01 per share to $7.73 per share.
Pinnacle Financial Partners Inc (PNFP, Financial) Reported History
In the previous quarter of 2024-06-30, Pinnacle Financial Partners Inc's (PNFP) actual revenue was $366.55 million, which missed analysts' revenue expectations of $435.09 million by -15.75%. Pinnacle Financial Partners Inc's (PNFP) actual earnings were $0.64 per share, which missed analysts' earnings expectations of $1.60 per share by -60.1%. After releasing the results, Pinnacle Financial Partners Inc (PNFP) was up by 2.84% in one day.
Pinnacle Financial Partners Inc (PNFP, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 11 analysts, the average target price for Pinnacle Financial Partners Inc (PNFP) is $104.09 with a high estimate of $114 and a low estimate of $87. The average target implies an upside of 5.47% from the current price of $98.69.
Based on GuruFocus estimates, the estimated GF Value for Pinnacle Financial Partners Inc (PNFP, Financial) in one year is $120.83, suggesting an upside of 22.43% from the current price of $98.69.
Based on the consensus recommendation from 13 brokerage firms, Pinnacle Financial Partners Inc's (PNFP, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
