Earnings Preview: PNC Finl Servs Gr
Portfolio Pulse from Benzinga Insights
PNC Financial Services Group (NYSE:PNC) is set to release its quarterly earnings report on July 18, 2023. Analysts estimate an EPS of $3.28. The company's stock performance has been generally negative over the past year, with shares down 20.94%. Last quarter, PNC beat EPS estimates by $0.31, but this was followed by a 0.0% drop in share price.
July 17, 2023 | 2:00 pm
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NEGATIVE IMPACT
PNC Financial Services is expected to report an EPS of $3.28 in its upcoming earnings report. The company's shares have been on a downward trend, falling 20.94% over the past year.
PNC Financial Services' upcoming earnings report is highly relevant to its stock performance. Given the company's recent history of beating EPS estimates but experiencing a drop in share price, and the overall negative trend in its stock performance, it is likely that the stock price may continue to decline in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100