PNC Financial’s third-quarter earnings beat expectations, revenues fall short of forecasts by Investing.com


© Reuters.PNC Financial’s third-quarter earnings were higher than expected, while revenue was lower than expected.

Investing.com – PNC Financial (NYSE:)’s third-quarter report beats analyst estimates with income below expected numbers, according to information released on Friday.

PNC Financial’s earnings per share (EPS) were $3.60 on revenue of $5.23 billion, based on an analyst consensus compiled by PNC Financial. Investing.com previously expected the number to be $3.10 per share on revenue of $5.34 billion.

In addition to PNC Financial, there are other companies. In the Financial Group of the New York Stock Exchange, which announced operating results during this month

JPMorgan previously reported third-quarter earnings of $4.33 per share on revenue of $40.7 billion, versus estimates of $3.89 on revenue of $39.55 billion.

Meanwhile, Wells Fargo & Co.’s latest results beat analysts’ expectations. Third-quarter earnings were $1.48 per share on revenue of $20.86 billion, beating analyst estimates for 2020. Investment.com We expect EPS to be approximately $1.24 based on revenue of $20.11 billion.

Follow the latest developments in the company’s earnings via the Investing.com earnings calendar

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