Earnings Preview: Analysts Expect PNC Financial Services Revenue, Earnings to Dip from Previous Quarter

It's time to gear up for PNC Financial Services PNC earnings! Keep your head in the game: The company releases its next round of earnings this Wednesday, July 20, 2011.

Want to get caught up before Wednesday's earnings release? We've got just what you need. Here is your everything-that-matters guide to PNC Financial Services' second quarter earnings report.

Let's Do the Numbers:

Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of $1.47 per share and revenues of $3.62 billion. We'll know on Wednesday whether PNC Financial Services has managed the estimated 225% increase in EPS and 93% rise in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$1.37	$1.40	$1.49	$1.26
EPS Actual	$1.57	$1.60	$1.56	$1.60

Stock Performance:

At last check, shares of PNC Financial Services were trading at $57.26. Shares are down 4.4% year to date. For a full 12 months, the return has risen by 11%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for PNC Financial Services is a Moderate Buy. The strength of this rating has crept upwards over the past three months.

Competitors:

Want to check out the performance of PNC Financial Services closest competitors? Take a look at some of the company's peers in the financials sector.

• Bank of America BAC: Hold with a $0.17 recent quarter EPS
• BB&T BBT: Hold with a $0.32 recent quarter EPS
• Citigroup C: Moderate Buy with a $1.0 recent quarter EPS
• First Horizon National FHN: Hold with a $0.15 recent quarter EPS

Finally, a description of the main business areas of the company, in case you need a little refresher: PNC Financial Services offers corporate and institutional banking, retail banking, asset management, residential mortgage banking and global investment services.

Take Action:

That's your advanced look at PNC Financial Services' upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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