2 months ago
Stock Market

PNC Financial Earnings, Revenue miss in Q4

Investing.com - PNC Financial (NYSE:PNC) reported fourth quarter earnings that missed analysts' expectations on Wednesday and revenue that fell

Investing.com - PNC Financial (NYSE:PNC) reported fourth quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.

The firm reported earnings per share of $2.75 on revenue of $4.34B. Analysts polled by Investing.com anticipated EPS of $2.79 on revenue of $4.4B. That compared to EPS of $2.29 on revenue of $4.74B in the same period a year earlier. The company had reported EPS of $2.82 on revenue of $4.36B in the previous quarter.

PNC Financial follows other major Financial sector earnings this month


On Tuesday, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.9B.

Bank of America earnings beat analyst's expectations on Wednesday, with fourth quarter EPS of $0.7 on revenue of $22.74B. Investing.com analysts expected EPS of $0.63 on revenue of $22.36B

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