PNC Financial Earnings, Revenue beat in Q1 By Investing.com

PNC Financial (NYSE:PNC) reported on Friday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

PNC Financial announced earnings per share of $4.1 on revenue of $4.22B. Analysts polled by Investing.com anticipated EPS of $2.7 on revenue of $4.11B.

PNC Financial shares are up 17% from the beginning of the year and are trading at $174.79 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.03% from the start of the year.

PNC Financial follows other major Financial sector earnings this month

PNC Financial’s report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of $4.5 on revenue of $33.12B, compared to forecasts EPS of $3.06 on revenue of $30.46B.

UnitedHealth had beat expectations on Thursday with first quarter EPS of $5.31 on revenue of $70.2B, compared to forecast for EPS of $4.38 on revenue of $69.03B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar