PNC Financial Services Group, Inc. (PNC - Get Report) is expected to report adjusted net income of $1.3 billion, or $2.80 a share, on sales of $4.4 billion before the market opens on Wednesday, based on a FactSet survey of 23 analysts.
In the same period a year ago, the company posted earnings of $2.82 a share on sales of $4.4 billion. It reported net income of $1.3 billion.
The stock has risen 0.6% since the company last reported earnings on July 17.
Quarterly estimates have fallen 1.1 cent a share in the past month.
In the upcoming quarter analysts are forecasting adjusted net income of $1.3 billion, or $2.93 a share, on sales of $4.4 billion.
PNC Financial Services Group is currently trading at a price-to-forward-earnings ratio of 12.3 based on the 12-month estimates of 24 analysts surveyed by FactSet.
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S&P 500 quarterly reports expected Wednesday: