The PNC Financial Services Group, Inc (PNC) Surpasses Q1 Earnings and Revenue Estimates

Group 1 - The PNC Financial Services Group reported quarterly earnings of $3.51 per share, exceeding the Zacks Consensus Estimate of $3.40 per share, and showing an increase from $3.36 per share a year ago, representing an earnings surprise of 3.24% [1] - The company achieved revenues of $5.48 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.02%, and up from $5.15 billion year-over-year [2] - Over the last four quarters, the company has consistently surpassed consensus EPS and revenue estimates [2] Group 2 - The stock has underperformed, losing approximately 19.5% since the beginning of the year, compared to the S&P 500's decline of 8.1% [3] - The current consensus EPS estimate for the upcoming quarter is $3.72 on revenues of $5.64 billion, and for the current fiscal year, it is $15.18 on revenues of $22.79 billion [7] - The Zacks Industry Rank for Financial - Investment Bank is in the bottom 33% of over 250 Zacks industries, indicating potential challenges for the sector [8]