PNC Financial Analysts Increase Their Forecasts After Strong Earnings

The PNC Financial Services Group, Inc. PNC reported better-than-expected earnings for the second quarter on Wednesday.The company posted quarterly earnings of $3.85 per share which beat the analyst consensus estimate of $3.53 per share. The company reported quarterly sales of $5.661 billion which beat the analyst consensus estimate of $5.606 billion.PNC Financial Services said it sees FY 2025 revenue to up by 6% year over year.Bill Demchak, PNC Chairman and Chief Executive Officer said, “Our national growth ...