Principal Financial's Q1 adjusted EPS misses estimates

Principal Financial

23/04/2026 21:41

Overview

US insurance and asset management firm's Q1 adjusted EPS rose yr/yr but missed analyst expectations

Company announced an 8% increase in its Q2 2026 common stock dividend

Result Drivers

FAVORABLE UNDERWRITING - Specialty Benefits segment saw improved incurred loss ratio due to better group life and dental results and strong group disability experience

IMPROVED MORTALITY - Life Insurance segment benefited from improved mortality experience, supporting higher pre-tax operating earnings

Company press release: ID:nBw6vHjQ1a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
Miss
$1.45
$2.004 (10 Analysts)
Q1 EPS
$0.44
Q1 Dividend
$0.82


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the life & health insurance peer group is "buy."

Wall Street's median 12-month price target for Principal Financial Group Inc is $92.00, about 5.6% below its April 22 closing price of $97.43

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)