Principal Financial Group Inc expected to post earnings of $1.65 a share - Earnings Preview

Principal Financial

26/07/2023 03:07

* Principal Financial Group Inc  PFG.OQ   PFG.O  is expected
to show a rise in quarterly revenue when it reports  results on
July 27. 
    * The Des Moines Iowa-based  company is expected to report 
a
10.8% increase in revenue to $3.48 billion from $3.14 billion a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Principal Financial
Group
Inc is for earnings of $1.65 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 10
"hold" and 6 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Principal
Financial Group Inc is $79​, below​ its last closing price
of $82.86. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.49        1.51       1.48      Missed  -2.1
 Dec. 31 2023  1.53        1.53       1.70      Beat    10.9
 Sep. 30 2022  1.45        1.45       1.69      Beat    16.9​
 Jun. 30 2022  1.42        1.39       1.65      Beat    18.9
 ​​Mar.        1.57        1.56       1.63      Beat    4.4
 31 2022                                                
 Dec. 31 2021  1.64        1.65       1.85      Beat    12.2​
 Sep. 30 2021  1.59        1.60       1.69      Beat    5.8
 Jun. 30 2021  1.53        1.51       1.70      Beat    12.3
 This summary was machine generated July 26 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated