PNC Financial Earnings, Revenue Beat in Q1

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PNC Financial announced earnings per share of $4.1 on revenue of $4.22B. Analysts polled by Investing.com anticipated EPS of $2.7 on revenue of $4.11B.

PNC Financial shares are up 17% from the beginning of the year, still down 5.18% from its 52 week high of $184.33 set on March 18. They are outperforming the S&P 500 which is up 11.03% from the start of the year.

PNC Financial’s report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of $4.5 on revenue of $33.12B, compared to forecasts EPS of $3.06 on revenue of $30.46B.

UnitedHealth had beat expectations on Thursday with first quarter EPS of $5.31 on revenue of $70.2B, compared to forecast for EPS of $4.38 on revenue of $69.03B.

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

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