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PNC Financial Services Group Inc. Q3 adjusted earnings Beat Estimates

PNC Financial Services Group Inc. (PNC) released earnings for third quarter that decreased from the same period last year.

The company's earnings came in at $1.42 billion, or $3.30 per share. This compares with $1.46 billion, or $3.39 per share, in last year's third quarter.

Excluding items, PNC Financial Services Group Inc. reported adjusted earnings of $1.60 billion or $3.75 per share for the period.

Analysts had expected the company to earn $3.20 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.5% to $5.20 billion from $4.28 billion last year.

PNC Financial Services Group Inc. earnings at a glance:

-Analysts Estimate: $3.20
-Revenue (Q3): $5.20 Bln vs. $4.28 Bln last year.

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