PNC Financial Earnings, Revenue Beat in Q3

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PNC Financial announced earnings per share of $3.75 on revenue of $5.20B. Analysts polled by Investing.com anticipated EPS of $3.38 on revenue of $5.04B.

PNC Financial shares are up 35% from the beginning of the year, still down 1.19% from its 52 week high of $204.93 set on October 11. They are outperforming the S&P 500 which is up 18.16% from the start of the year.

PNC Financial’s report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.86B.

UnitedHealth had beat expectations on Thursday with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.41 on revenue of $71.3B.

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