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

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PNC Financial Services (PNC) Tops Q2 EPS by 7c

July 18, 2023 6:39 AM EDT

PNC Financial Services (NYSE: PNC) reported Q2 EPS of $3.36, $0.07 better than the analyst estimate of $3.29. Revenue for the quarter came in at $5.29 billion versus the consensus estimate of $5.45 billion.

For earnings history and earnings-related data on PNC Financial Services (PNC) click here.

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Earnings wave, Novartis guidance, ARK's Twitter stake - what's moving markets

July 18, 2023 5:38 AM EDT

Investing.com -- Investors look ahead to a busy week of earnings, including quarterly results from some of the largest U.S. banks. Meanwhile, drug-making giant Novartis improves its guidance as it eyes a spin-off of its Sandoz generics division later this year, and Cathie Wood says her ARK investment management firm has written down its stake in Twitter.

1. Bank of America, Morgan Stanley on... More

Stock market today: Dow rises as banks, tech shine, but telecoms stifle gains

July 17, 2023 4:42 PM EDT

Investing.com -- The Dow closed higher Monday, led by tech and financials as investors looked ahead to more quarterly results from Wall Street banks and other major corporations later this week, though broader market gains were kept in check by a stumble in telecoms.


The Dow Jones Industrial Average rose 0.2%, or 76 points, the Nasdaq was up 0.9%, and the S&P 500 rose 0.3%.


Financials rally ahead of earnings from Bank of America, Morgan Stanley and Goldman Sachs

Financials... More

S&P 500 rises as financials, tech shine ahead of further earnings parade this week

July 17, 2023 3:53 PM EDT

Investing.com -- The S&P 500 racked up gains Monday, led by tech and financials as investors looked ahead to more quarterly results from Wall Street banks and other major corporations later this week.


The S&P 500 rose 0.4%, the Dow Jones Industrial Average rose 0.2%, or 79 points, and the Nasdaq was up 0.9%.


Financials rally ahead of Bank of America, Morgan Stanley and Goldman Sachs

Financials rallied more than 1% as investors anticipate further signs of the strength in... More

PNC Financial Services (PNC) July option implied volatility into quarter results

July 17, 2023 11:09 AM EDT

PNC Financial Services (NYSE: PNC) July call option implied volatility is at 51, August is at 29; compared to its 52-week range of 22 to 55 into the expected release of quarter results before the bell on July 18.

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PNC Financial Services (PNC) July 126 straddle into quarter results

July 17, 2023 5:12 AM EDT

PNC Financial Services (NYSE: PNC) July 126 straddle is priced for a move of 4% into the expected release of quarter results before the bell on July 18.

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

July 14, 2023 5:08 AM EDT

PNC Financial Services (NYSE: PNC) July 128 straddle is priced for a move of 4% into the expected release of quarter results before the bell on July 18.

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