PNC Financial Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

The PNC Financial Services Group, Inc. PNC will release earnings results for its fourth quarter, before the opening bell on Thursday, Jan. 16, 2025.

Analysts expect the Pittsburgh, Pennsylvania-based company to report quarterly earnings at $3.31 per share, up from $3.16 per share in the year-ago period. PNC Financial projects to report revenue of $5.5 billion for the recent quarter, compared to $5.36 billion a year earlier, according to data from Benzinga Pro.

On Jan. 3, PNC declared a dividend of $1.60 per share on common stock.

PNC Financial shares gained 1.7% to close at $195.71 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Compass Point analyst David Rochester maintained a Neutral rating and raised the price target from $175 to $233 on Dec. 10, 2024. This analyst has an accuracy rate of 63%.
Goldman Sachs analyst Richard Ramsden maintained a Neutral rating and boosted the price target from $190 to $210 on Dec. 6, 2024. This analyst has an accuracy rate of 70%.
Piper Sandler analyst Scott Siefers maintained a Neutral rating and raised the price target from $200 to $220 on Dec. 3, 2024. This analyst has an accuracy rate of 69%.
Citigroup analyst Keith Horowitz maintained a Buy rating and raised the price target from $200 to $235 on Nov. 25, 2024. This analyst has an accuracy rate of 78%.
Wells Fargo analyst Whit Mayo maintained an Overweight rating and boosted the price target from $215 to $235 on Nov. 15, 2024. This analyst has an accuracy rate of 67%.

Considering buying PNC stock? Here’s what analysts think: