PNC Finl Servs Gr (NYSE:PNC) is preparing to release its quarterly earnings on Tuesday, 2024-10-15. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect PNC Finl Servs Gr to report an earnings per share (EPS) of $3.30.
Anticipation surrounds PNC Finl Servs Gr's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings History Snapshot
In the previous earnings release, the company beat EPS by $0.32, leading to a 1.54% increase in the share price the following trading session.
Here's a look at PNC Finl Servs Gr's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 2.98 | 3.03 | 2.94 | 3.1 |
| EPS Actual | 3.30 | 3.36 | 3.16 | 3.6 |
| Price Change % | 2.0% | 0.0% | -0.0% | -4.0% |
Tracking PNC Finl Servs Gr's Stock Performance
Shares of PNC Finl Servs Gr were trading at $187.77 as of October 11. Over the last 52-week period, shares are up 57.57%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for PNC Finl Servs Gr visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
