PNC Financial Services Earnings Preview

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Watch PNC Financial Services' (NYS: PNC) earnings report to see whether it can beat analyst expectations for the fifth consecutive quarter. The company will unveil its latest earnings on Wednesday. PNC Financial Services Group offers corporate and institutional banking, retail banking, asset management, residential mortgage banking, and global investment services.

What analysts say:
 

  • Buy, sell, or hold?: Analysts strongly back PNC Financial Services, with 21 of 24 rating it a buy and the remainder rating it a hold. Analysts like PNC Financial Services better than competitor BB&T overall. Analysts still rate the stock a moderate buy, but they are a bit more wary about it compared to three months ago.
  • Revenue forecasts: On average, analysts predict $3.57 billion in revenue this quarter. That would represent a decline of 0.8% from the year-ago quarter.
  • Wall Street earnings expectations: The average analyst estimate is earnings of $1.49 per share. Estimates range from $1.26 to $1.64.

What our community says:
The majority of CAPS All-Stars see PNC as a good bet, with 74.3% giving it an outperform rating. The majority of the Fools are in agreement with the All-Stars as 75.4% give it an outperform rating. Fools are keen on PNC Financial Services and haven't been shy with their opinions lately, logging 191 posts in the past 30 days. Despite the majority sentiment in favor of PNC Financial Services, the stock has a middling CAPS rating of three out of five stars.

Management:
PNC Financial Services' profit has risen year over year by an average of 24.5% over the past five quarters. Revenue has fallen for the past three quarters.

Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows net margins over the past four quarters.

Quarter

Q2

Q1

Q4

Q3

Net Margin

22.6%

20.6%

18.6%

26.5%

For all our PNC Financial Services-specific analysis, including earnings and beyond, add PNC Financial Services to My Watchlist.

The Motley Fool owns shares of PNC Financial Services Group.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

At the time this article was published

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