Pinnacle Financial Partners Earnings Preview

Motley Fool Staff
Updated

While Pinnacle Financial Partners (NAS: PNFP) missed estimates last quarter, investors hope that it will bounce back and outpace Wall Street expectations this quarter. The company will unveil its latest earnings on Monday, April 16. Pinnacle Financial Partners, through its wholly-owned subsidiary, Pinnacle National Bank, provides a range of banking services in its main market areas of Nashville and Knoxville, Tennessee.

What analysts say:

  • Buy, sell, or hold?: Analysts think investors should stand pat on Pinnacle Financial Partners with analysts unanimously rating it hold. Analysts don't like Pinnacle Financial Partners as much as competitor Renasant overall. One out of six analysts rate Renasant a buy compared to zero of nine for Pinnacle Financial Partners. While analysts still rate the stock a hold, they are a little more optimistic about it compared to three months ago.

  • Revenue Forecasts: On average, analysts predict $49 million in revenue this quarter. That would represent a rise of 10.5% from the year-ago quarter.

  • Wall Street Earnings Expectations: The average analyst estimate is earnings of $0.16 per share. Estimates range from $0.12 to $0.18.

What our community says:
CAPS All-Stars are enthusiastically backing the stock, with 88.2% giving it an "outperform" rating. The community at large concurs with the All-Stars, with 86.1% granting it a rating of "outperform." Pinnacle Financial Partners' bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.


Management:
Pinnacle Financial Partners' profit has risen year-over-year by an average of more than threefold over the past five quarters. Revenue has fallen for the past three quarters.

Now let's get some insight into how efficient management is at running the business. Margins are a representation of how efficiently a company captures portions of sales dollars. The company's net margins have been increasing year-over-year for the last four quarters. Net margins reflect what percentage of revenue becomes profit. Here is how Pinnacle Financial Partners has been doing for the last four quarters:

Quarter

Q4

Q3

Q2

Q1

Net Margin

13.8%

45.8%

11.1%

6.3%

For all our Pinnacle Financial Partners-specific analysis, including earnings and beyond, add Pinnacle Financial Partners to My Watchlist.

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