Principal Financial Group Inc reports results for the quarter ended in March - Earnings Summary

Principal Financial

28/04/2023 16:01

* Principal Financial Group Inc  PFG.OQ  reported quarterly
adjusted earnings of $1.48​​ per share for the quarter ended in
March. The mean expectation of sixteen analysts for the quarter
was for earnings of $1.51 per share.
    * Revenue rose 5.1% to $3.44 billion from a year ago;
analysts
expected $3.18 billion. 
    * Principal Financial Group Inc's reported EPS for the
quarter was
a loss of 58 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.6%
in the last three months.​ 
    * In the last 30 days, seven analysts negatively revised
earnings
estimates 
    * Principal Financial Group Inc shares had risen by 0.5%
this
quarter and lost 11.0% so far this year.
    * The company reported a quarterly loss of $140.1 million.
    * Wall Street's median 12-month price target for Principal
Financial Group Inc is $75.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and 8 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 28 at 03:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.51           1.48           Missed
 Dec. 31 2022      1.53           1.70           Beat
 Sep. 30 2022      1.45           1.69           Beat
 Jun. 30 2022      1.39           1.65           Beat