PNC Financial Services (PNC) July 128 straddle into quarter results

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PNC Financial Services (PNC) slides after revenue miss, guidance cut

July 18, 2023 9:08 AM EDT

PNC Financial Services (NYSE: PNC) shares are down more than 3% premarket Tuesday after it missed revenue expectations and cut its forecast for net interest income. However, it topped second-quarter earnings expectations.

The bank reported Q2 EPS of $3.36, $0.07 better than the analyst estimate... More