Principal Financial Group Inc expected to post earnings of $1.68 a share - Earnings Preview

Principal Financial

09/02/2024 22:50

* Principal Financial Group Inc  PFG.OQ   PFG.O  is expected
to show a fall in quarterly revenue when it reports  results on
February 12 for the period ending December 31 2023
    * The Des Moines Iowa-based  company is expected to report a
0.6% decrease in revenue to $3.597 billion from $3.62 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data. (Sales/ Revenues Majority Basis is on Total
Operating Revenues)
    * ​LSEG's mean analyst estimate for Principal Financial
Group Inc
is for earnings of $1.68 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 11
"hold" and 4 "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 $80.00​, above​ its last closing price
of $77.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.61        1.62       1.72      Beat    6.3
 Jun. 30 2023  1.64        1.65       1.53      Missed  -7.4
 Mar. 31 2023  1.49        1.51       1.48      Missed  -2.1​
 Dec. 31 2022  1.53        1.53       1.70      Beat    10.9
 ​​Sep.        1.45        1.45       1.69      Beat    16.9
 30 2022                                                
 Jun. 30 2022  1.42        1.39       1.65      Beat    18.9​
 Mar. 31 2022  1.57        1.56       1.63      Beat    4.4
 Dec. 31 2021  1.64        1.65       1.85      Beat    12.2
 This summary was machine generated February 9 at 22:50 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)