PNC Financial Earnings, Revenue Miss in Q2

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXNPEB9M0BY_M.jpg

PNC Financial announced earnings per share of $-1.9 on revenue of $4.08B. Analysts polled by Investing.com anticipated EPS of $0.8 on revenue of $4.09B.

PNC Financial shares are down 36% from the beginning of the year , still down 37.41% from its 52 week high of $161.79 set on December 30, 2019. They are under-performing the S&P 500 which is down 1.03% from the start of the year.

PNC Financial’s report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.19 on revenue of $30.41B.

UnitedHealth had beat expectations on Wednesday with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.18 on revenue of $63.34B.

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