Earnings Preview: PNC Finl Servs Gr

PNC Finl Servs Gr PNC is set to give its latest quarterly earnings report on Tuesday, 2023-07-18. Here's what investors need to know before the announcement.

Analysts estimate that PNC Finl Servs Gr will report an earnings per share (EPS) of $3.28.

PNC Finl Servs Gr bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.31, which was followed by a 0.0% drop in the share price the next day.

Here's a look at PNC Finl Servs Gr's past performance and the resulting price change:

Stock Performance

Shares of PNC Finl Servs Gr were trading at $125.79 as of July 14. Over the last 52-week period, shares are down 20.94%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for PNC Finl Servs Gr visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.