U.S. Markets closed

PNC Financial Earnings, Revenue Beat in Q2

Investing.com - PNC Financial (NYSE:PNC) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.

The firm reported earnings per share of $2.88 on revenue of $4.44B. Analysts polled by Investing.com forecast EPS of $2.83 on revenue of $4.41B. That compared to EPS of $2.72 on revenue of $4.32B in the same period a year earlier. The company had reported EPS of $2.61 on revenue of $4.29B in the previous quarter.


PNC Financial follows other major Financial sector earnings this month


On Tuesday, JPMorgan reported second quarter EPS of $2.82 on revenue of $29.57B, compared to forecasts of EPS of $2.51 on revenue of $28.84B.

Bank of America earnings beat analysts' expectations on Wednesday, with second quarter EPS of $0.74 on revenue of $23.08B. Investing.com analysts expected EPS of $0.71 on revenue of $23.12B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Related Articles

Ryanair marketing boss does not expect any strike action in Europe

Bank of America profit rises on loan growth

Stocks - U.S. Futures  Flat; BoA Misses; EU Probes Amazon