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PNC Financial announced earnings per share of $3.42 on revenue of $5.12B. Analysts polled by Investing.com anticipated EPS of $3.16 on revenue of $5.13B.
PNC Financial shares are down 24% from the beginning of the year, still down 33.83% from its 52 week high of $228.14 set on January 13. They are under-performing the S&P 500 which is down 20.47% from the start of the year.
PNC Financial’s report follows an earnings missed by JPMorgan on Thursday, who reported EPS of $2.76 on revenue of $30.72B, compared to forecasts EPS of $2.94 on revenue of $31.82B.
Morgan Stanley had missed expectations on Thursday with second quarter EPS of $1.44 on revenue of $13.13B, compared to forecast for EPS of $1.57 on revenue of $13.39B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
