Pinnacle Finl Partners's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Pinnacle Financial Partners (NASDAQ:PNFP) is scheduled to release its quarterly earnings report on January 16, 2024. Analysts predict an EPS of $1.60. Investors are looking for an earnings beat and positive guidance for future growth. In the past, PNFP's stock price has been sensitive to earnings performance and guidance rather than just meeting or beating estimates. Last quarter, PNFP beat the EPS estimate by $0.08 but saw a 6.08% decline in stock price the following day. Over the last year, PNFP shares have increased by 11.56%, trading at $84.74 as of January 11.
January 15, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Pinnacle Financial Partners is expected to report an EPS of $1.60 in its upcoming earnings. Historical data shows stock price volatility post-earnings, with an 11.56% increase in share value over the past year.
The predicted EPS of $1.60 sets a benchmark for Pinnacle Financial Partners' upcoming earnings report. While the company has a history of beating estimates, the stock price has shown to react negatively even after a beat, as seen last quarter with a 6.08% drop. The 11.56% YTD increase in share price indicates a positive long-term trend, but the short-term impact of the earnings report is uncertain, hence a neutral score is given. The relevance is 100 as the news is directly about PNFP's earnings, and the importance is high at 80 due to the potential impact on stock price. Confidence is at 75, acknowledging the unpredictable nature of market reactions to earnings reports.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100