Wall Street Fundamentals Releases New In-Depth Stock Reports on HRB, PNC, STI and USB

Just over 50 percent of the S&P 500 index has reported earnings so far. According to data from S&P Capital IQ, the S&P 500 Index is forecasted to report a 4.5 percent growth in earnings for the April-June quarter, which is down from 5.2 percent in the Jan-Mar quarter. Banks and financial companies have been the standout group within the index. Roughly 74 percent of the 39 financial companies that have reported earnings so far have topped analysts’ expectations. "I suspect that over the next few quarters, to the extent that interest rates continue to rise, you may well continue to see financials outperform the broader market," said Joseph Tanious, a New York-based global market strategist at JPMorgan Funds.

H & R Block Inc. (NYSE: HRB) shares traded in the range of $30.40 to $30.65 Friday before settling to close at $30.49, a decrease of 0.52 percent. The stock appears to be facing some resistance at $31.02 with some support at the $29.92 and $29.66 levels. Shares of H & R Block have gained approximately 64.0 percent year-to-date.

More information on H & R Block and access to the free equity report can be found at:
www.WallStreetFundamentals.com/HRB

PNC Financial Services Group Inc. (NYSE: PNC) shares traded in the range of $75.29 to $75.96 Friday before settling to close at $75.90, a decrease of 0.13 percent. The stock appears to be facing some resistance at the $76.54 and $77.27 levels with some support at $73.17. Shares of PNC Financial have gained approximately 30.0 percent year-to-date.

More information on PNC Financial and access to the free equity report can be found at:
www.WallStreetFundamentals.com/PNC

SunTrust Banks, Inc. (NYSE: STI) shares traded in the range of $34.66 to $34.96 Friday before settling to close at $34.89, a decrease of 0.71percent. The stock appears to be facing some resistance at the $35.07 and $35.92 levels with some support at $34.47. Shares of SunTrust Banks have gained approximately 23.0 percent year-to-date.

More information on SunTrust Banks and access to the free equity report can be found at:
www.WallStreetFundamentals.com/STI

U.S. Bancorp (NYSE: USB) shares traded in the range of $37.14 to $37.57 Friday before settling to close at $37.54, an increase of 0.21 percent. The stock appears to be facing some resistance at the $38.25 and $37.71 levels with some support at $37.47. Shares of U.S. Bancorp have gained approximately 17.5 percent year-to-date.

More information on U.S. Bancorp and access to the free equity report can be found at:
www.WallStreetFundamentals.com/USB

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

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