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PNC Financial announced earnings per share of $3.26 on revenue of $4.21B. Analysts polled by Investing.com anticipated EPS of $2.59 on revenue of $4.13B.
PNC Financial shares are up 8% from the beginning of the year, still down 0.71% from its 52 week high of $162.66 set on January 7. They are outperforming the S&P 500 which is up 1.05% from the start of the year.
PNC Financial’s report follows an earnings beat by BlackRock on Thursday, who reported EPS of $10.18 on revenue of $4.48B, compared to forecasts EPS of $8.66 on revenue of $4.18B.
First Republic Bank had beat expectations on Thursday with fourth quarter EPS of $1.6 on revenue of $1.1B, compared to forecast for EPS of $1.52 on revenue of $1.02B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
