PNC Finl Servs Gr Q3 2024 GAAP EPS $3.49 Beats $3.32 Estimate, Sales $5.432B Beat $5.389B Estimate
Portfolio Pulse from Benzinga Newsdesk
PNC Financial Services Group reported Q3 2024 earnings per share of $3.49, surpassing the analyst estimate of $3.32. The company's sales were $5.432 billion, exceeding the expected $5.389 billion and marking a 3.80% increase from the previous year.
October 15, 2024 | 10:37 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
PNC Financial Services Group reported better-than-expected Q3 2024 earnings, with EPS of $3.49 beating the $3.32 estimate and sales of $5.432 billion surpassing the $5.389 billion estimate. This indicates strong financial performance and growth.
PNC's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The 3.80% increase in sales compared to the previous year further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100