Benzinga | Jan 17, 2022 10:02AM EST

PNC Financial Services Gr's Earnings Outlook

PNC Financial Services Gr (NYSE:PNC) is set to give its latest quarterly earnings report on Tuesday, 2022-01-18. Here's what investors need to know before the announcement.

Analysts estimate that PNC Financial Services Gr will likely report an Earnings Per Share (EPS) of $3.22.

PNC Financial Services Gr bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.53, which was followed by a 0.0% drop in the share price the next day.

Here's a look at PNC Financial Services Gr's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 3.22 3.12 2.75 2.61EPS Actual 3.75 4.50 4.10 3.26Price Change % -1.66% 1.29% 2.33% -3.47%

Stock Performance

Shares of PNC Financial Services Gr were trading at $226.45 as of January 13. Over the last 52-week period, shares are up 42.44%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here