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Q3 Earnings Update: Banks Beating Estimates

US STOCKS

Banks beating analyst earning's estimates so far

  • PNC Financial: $3.78 vs. $3.697 est
  • US Bancorp (USB): $1.18 vs. $1.161 est
  • JP Morgan (JPM): $3.12 vs. $2.878 est
  • First Republic Bank (FRC): $2.21 vs. $2.185 est
  • Wells Fargo (WFC): $0.85, below cons while $19.51B revs beat $18.78B est
  • Still waiting for MS and C ahead equity open:
  • Morgan Stanley (MS) $1.511 est
  • Citigroup (C): $1.434 est

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