Pinnacle Financial (PNFP) Tops Q3 Earnings and Revenue Estimates

Group 1: Earnings Performance - Pinnacle Financial reported quarterly earnings of $2.27 per share, exceeding the Zacks Consensus Estimate of $2.05 per share, and up from $1.86 per share a year ago, representing an earnings surprise of +10.73% [1] - The company posted revenues of $544.8 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 4.74%, compared to year-ago revenues of $466.75 million [2] - Over the last four quarters, Pinnacle Financial has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Pinnacle Financial shares have declined approximately 19.7% since the beginning of the year, while the S&P 500 has gained 13% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $2.06 on revenues of $526.16 million, and for the current fiscal year, it is $8.11 on revenues of $2.02 billion [7] Group 3: Industry Context - The Zacks Industry Rank indicates that the Banks - Southeast industry is currently in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5] - The estimate revisions trend for Pinnacle Financial was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]