Pinnacle Finl Partners Q3 2024 Adj EPS $1.86 Beats $1.78 Estimate, Sales $466.75M Beat $461.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pinnacle Financial Partners reported Q3 2024 earnings per share of $1.86, surpassing the analyst estimate of $1.78. The company's sales reached $466.75 million, exceeding the expected $461.25 million and marking a 14.39% increase from the previous year.
October 15, 2024 | 9:06 pm
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Pinnacle Financial Partners reported better-than-expected Q3 2024 earnings and sales, with EPS of $1.86 beating the $1.78 estimate and sales of $466.75M surpassing the $461.25M estimate. This reflects a strong performance with a 14.39% increase in sales from the previous year.
The company's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The significant year-over-year sales growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100