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PNC Financial Beats Earnings Estimates on Higher Interest Rates

1 min read
Source: Barron's
PNC Financial Beats Earnings Estimates on Higher Interest Rates
Photo: Barron's
TL;DR

PNC Financial Services Group reported Q1 earnings of $3.98 per share on revenue of $5.6 billion, beating analysts' expectations and causing a jump in the regional bank's stock price. While revenue fell just short of estimates, the strong earnings report is a positive sign for PNC and the stock market as a whole.

Topics:businessfinance#finance#pnc-financial-services-group#q1-earnings#regional-bank#revenue#stock-market
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  1. PNC Stock Jumps After Regional Bank’s Earnings Beat  Barron's
  2. PNC Financial beats profit estimates on boost from higher interest rates  Yahoo Finance
  3. PNC Financial stock pops after EPS beats expectations while revenue misses  CNBC Television
  4. PNC Earnings, Revenue Grow Along With Higher Rates  The Wall Street Journal
  5. PNC Financial GAAP EPS of $3.98 beats by $0.34, revenue of $5.6B misses by $10M  Seeking Alpha
  6. View Full Coverage on Google News

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