• Pinnacle Financial Partners Inc PNFP.N reported quarterly adjusted earnings of $2.50​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.00. The mean expectation of twenty analysts for the quarter was for earnings of $2.46 per share. Wall Street expected results to range from $2.39 to $2.59 per share.

• Revenue rose 138.2% to $1.20 billion from a year ago; analysts expected $1.24 billion.

• Pinnacle Financial Partners Inc's reported EPS for the quarter was $2.07​.

• The company reported quarterly net income of $313 million.

• Pinnacle Financial Partners Inc shares had fallen by 4.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.4% in the last three months.​

• In the last 30 days, eleven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

• Wall Street's median 12-month price target for Pinnacle Financial Partners Inc is $117.00, about 16.8% above its last closing price of $97.36

This summary was machine generated from LSEG data July 22 at 09:52 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)