What To Know Ahead Of The PNC Financial Services Group’s ($PNC) Q3 Earnings?

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Save the date! Tuesday 15th October 2024, is when The PNC Financial Services Group (NYSE: PNC) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled before market open.

It is anticipated by financial experts on Wall Street that the establishment is set to announce an estimated $3.30 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $5.39 billion for this period.

In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $3.6. Moreover, the company achieved a remarkable total revenue of $5.23 billion during that quarter.

Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $21.39 billion. Additionally, they expect the company to reach profit of $13.17 per share for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $3.30 -1.8% 5.41 B +2.2%
Q1 2024 $3.36 -15.6% 5.15 B -8.2%
Q4 2023 $3.16 -9.5% 5.36 B -7.0%
Q3 2023 $3.60 -4.8% 5.23 B -5.7%
Q2 2023 $3.36 -1.8% 5.29 B +3.5%
*Growth on year-over-year basis

In addition, The firm will review the third quarter financial results on 15th October 2024 at 10:00 AM eastern time, in a conference call with public.

Throughout Friday's trading, The PNC Financial Services Group (PNC) shares fluctuated between $184.71 and $189.17, with a trading volume of 1.39 million shares. The stock ended the regular trading session at $187.77, marking an increase of 2.40 percent.