Investors are Digesting These Financial Stock Earnings Insights
PNC Financial Services Group Inc. (NYSE:PNC) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 103.06% to $1.99 in the quarter versus EPS of $0.98 in the year-earlier quarter. Revenue Rose 3.49% to $4.06 billion from the year-earlier quarter.
PNC Financial Services Group Inc. reported adjusted EPS income of $1.99 per share. By that measure, the company beat the mean analyst estimate of $1.63. It beat the average revenue estimate of $3.95 billion.