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PNC Financial: Q2 Earnings Insights

Benzinga Insights
·1 min read

Shares of PNC Financial Services Group (NYSE:PNC) rose 1.8% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 165.97% year over year to ($1.90), which may not compare to the estimate of $0.51.

Revenue of $4,076,000,000 declined by 8.18% year over year, which missed the estimate of $4,110,000,000.

Guidance

PNC Financial Services hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 15, 2020

View more earnings on PNC

Time: 09:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/aaddae6p

Price Action

Company's 52-week high was at $161.79

52-week low: $79.41

Price action over last quarter: Up 12.67%

Company Overview

PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking. PNC has 2,300 branches in 21 states and the District of Columbia and is the seventh- largest U.S. bank by assets.

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