Company Update (NYSE:PNC): PNC Reports Second Quarter 2016 Net Income Of $989 Million, $1.82 Diluted EPS

[PR Newswire] – PITTSBURGH, July 15, 2016 /PRNewswire/ — The PNC Financial Services Group, Inc. (NYSE: PNC) today reported net income of $989 million, or $1.82 per diluted common share, for the second quarter of 2016 … Read more on this. , valued at $recting to http://finance.ya, finished at $. During the trading session, PNC traded between $ and has traded between $ over the past 12 months. PNC shares are currently priced at x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s x earnings multiple. In a review of the consensus earnings estimate this quarter, 0 sell-side analysts are looking at $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $ is a $0.00 setback when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $0.00 . If reported, that would be a 0.00% decrease over the year-ago quarter. More recently, d PNC from to (/fi). Previously, d PNC from to . When considering if perhaps the stock is under or overvalued, the average price target is $, which is 0.00% below where the stock opened this morning. See more in (NYSE:PNC) Similar Articles: Company Update: Loews Corporation (NYSE:L) – Loews Corporation Reports Net Income Of $102 Million For The First Quarter Of 2016 Company Update: The Travelers Companies Inc (NYSE:TRV) – Travelers Reports First Quarter Net and Operating Income of $2.30 and $2.33 per Diluted Share, Respectively, Including Catastrophe Losses of $0.69 per Diluted Share Company Update: Discover Financial Services (NYSE:DFS) – Discover Financial Services Reports First Quarter Net Income of $575 Million or $1.35 Per Diluted Share