20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
On Tuesday, July 17, Pinnacle Financial (NASDAQ:PNFP) will report its last quarter's earnings. Here is Benzinga's take on the company's Q2 release.
Earnings and Revenue
Based on management's projections, Pinnacle Financial analysts model for earnings of $1.15 per share on sales of $228.72 million.
In the same quarter last year, Pinnacle Financial posted a profit of 84 cents on sales of $141.68 million. The Wall Street estimate would represent a 36.9 percent increase in the company's earnings. Revenue would be up 61.43 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 1.1 | 0.92 | 0.9 | 0.8 |
| EPS Actual | 1.13 | 0.97 | 0.9 | 0.84 |
Stock Performance
Over the last 52-week period, shares are down 4.04 percent. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating from analysts on Pinnacle Financial stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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