PNC Financial Services Group
reported first-quarter earnings well ahead of analysts’ expectations, sending shares in the regional bank—beaten down amid last month’s panic over lenders—shooting higher.
PNC (ticker: PNC) reported earnings of $3.98 a share on revenue of $5.6 billion in the first three months of the year, well ahead of the earning per share of $3.66 eyeballed among analysts surveyed by FactSet. Revenue came in a hair shy of estimates—just $4 million short of what analysts had expected.
Source: https://www.barrons.com/articles/pnc-stock-bank-earnings-beat-dfcc649b?siteid=yhoof2&yptr=yahoo