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PNC Financial Services Group Inc. Profit Advances In Q2

PNC Financial Services Group Inc. (PNC) announced earnings for its second quarter that increased from last year.

The company's bottom line totaled $1.36 billion, or $2.72 per share. This compares with $1.09 billion, or $2.10 per share, in last year's second quarter.

Analysts had expected the company to earn $2.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.4% to $4.32 billion from $4.06 billion last year.

PNC Financial Services Group Inc. earnings at a glance:

-Earnings (Q2): $1.36 Bln. vs. $1.09 Bln. last year.
-EPS (Q2): $2.72 vs. $2.10 last year.
-Analysts Estimate: $2.58
-Revenue (Q2): $4.32 Bln vs. $4.06 Bln last year.

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