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PNC Financial announced earnings per share of $4.5 on revenue of $4.67B. Analysts polled by Investing.com anticipated EPS of $3.09 on revenue of $4.38B.
PNC Financial shares are up 27% from the beginning of the year, still down 7.16% from its 52 week high of $203.88 set on May 10. They are outperforming the S&P 500 which is up 16.32% from the start of the year.
PNC Financial’s report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $3.78 on revenue of $31.4B, compared to forecasts EPS of $3.16 on revenue of $30B.
Bank of America had beat expectations on Wednesday with second quarter EPS of $1.03 on revenue of $21.47B, compared to forecast for EPS of $0.7748 on revenue of $21.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
