PITTSBURGH, Feb 19 (Reuters) - PNC Financial Services Group Inc. (NYSE:PNC - news) on Tuesday said it would cut 2001 results from discontinued operations by $35 million, due to a bookkeeping mistake, just weeks after the Pittsburgh-based bank said it would restate 2001 results downward.

PNC will cut its consolidated net income by the same amount, the firm said in a statement.

PNC, which said the mistake was related to an error in the sale of its residential mortgage business, reaffirmed its previous 2002 earnings guidance of $4.60 per share. Analysts expect the company to earn about $4.55 per share in 2002, according to research firm Thomson Financial/First Call.

On Jan. 29, the bank said it would restate all results for 2001 downward by $155 million to comply with a regulatory request that it consolidate three outside interests. The moves come amid heightened concern about accounting issues, as the effects of failed energy trader Enron Corp.'s accounting troubles continue to roil markets.

PNC's shares closed at $56.95 on the New York Stock Exchange on Friday. Shares are trading at the bottom end of a $51.14-to-$73.92 trading band.

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-- Anonymous, February 19, 2002