Earnings Outlook For Pinnacle Finl Partners

Pinnacle Finl Partners PNFP is set to give its latest quarterly earnings report on Tuesday, 2023-07-18. Here's what investors need to know before the announcement.

Analysts estimate that Pinnacle Finl Partners will report an earnings per share (EPS) of $1.64.

Pinnacle Finl Partners bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.04, which was followed by a 2.83% drop in the share price the next day.

Here's a look at Pinnacle Finl Partners's past performance and the resulting price change:

Stock Performance

Shares of Pinnacle Finl Partners were trading at $60.17 as of July 14. Over the last 52-week period, shares are down 19.57%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Pinnacle Finl Partners visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.