PNC Financial Services Group Inc. (PNC) revealed a profit for its third quarter that Increased, from last year and beat the Street estimates.
The company's bottom line totaled $1.723 billion, or $4.35 per share. This compares with $1.396 billion, or $3.49 per share, last year.
Analysts on average had expected the company to earn $4.04 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 8.9% to $5.915 billion from $5.432 billion last year.
PNC Financial Services Group Inc. earnings at a glance (GAAP) :
-Earnings: $1.723 Bln. vs. $1.396 Bln. last year.-EPS: $4.35 vs. $3.49 last year.-Revenue: $5.915 Bln vs. $5.432 Bln last year.
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