Principal Financial (PFG) reported $4.07 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 16.4%. EPS of $1.63 for the same period compares to $1.53 a year ago. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, compari ...

Principal Financial, which belongs to the Zacks Financial - Investment Management industry, posted revenues of $4.07 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 7.81%. This compares to year-ago revenues of $3.5 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on managem ...

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Company Analysis: Principal Financial - Principal Financial has an Earnings ESP of -0.47%, indicating analysts have become bearish on the company's earnings prospects [4] - The stock currently holds a Zacks Rank of 3 (Hold), making it difficult to predict a consensus EPS beat [5][6] - In the last reported quarter, Principal Financial's actual earnings were $1.65 per share, missing the expected $1.74 by -5.17% [7] - Over the last four quarters, the company has beaten consensus EPS estimates two times [8] Industry Analysis: Ameriprise Financial Services - Ameriprise Financial Services is expected to post earnings of $8.51 per share for the quarter ended June 2024, reflecting a year-over-year increase of +14.4% [12] - The expected revenue for Ameriprise is $4.18 billion, up 9.2% from the previous year [12] - The consensus EPS estimate for Ameriprise has been revised 0.1% lower in the last 30 days, but a higher Most Accurate Estimate results in an Earnings ESP of 0.77%, suggesting a likely beat of the consensus EPS estimate [13] - Ameriprise has beaten consensus EPS estimates in each of the trailing four quarters [13] Earnings Expectations - Principal Financial is expected to deliver a year-over-year increase in earnings on higher revenues for the quarter ended June 2024 [22] - The consensus EPS estimate for Principal Financial is projected at $1.87 per share, representing a year-over-year change of +22.2% [16] - Revenues for Principal Financial are expected to be $3.78 billion, up 7.9% from the year-ago quarter [17] - The consensus EPS estimate for the quarter has been revised 1.74% lower over the last 30 days, reflecting a reassessment by covering analysts [18]

Principal Financial Group, Inc. (PFG) has been favored by investors on the back of its strategic buyouts, strong retention, higher single premium annuity sales and effective capital deployment. The consensus estimate for 2025 earnings per share and revenues indicates an increase of 13.3% and 5.9%, respectively, from the corresponding 2024 estimates. Zacks Rank & Price Performance Business Tailwinds The Specialty Benefits Insurance business should continue to gain from record sales, strong retention and empl ...

Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Principal ...

Principal Financial in Focus All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Headquartered in Des Moines, Principal Financial (PFG) is a Finance stock that has seen a price change of 0.9% so far this year. Currently paying a dividend of $0.69 per share, the company has a dividend yield of 3.58%. In ...

Principal Financial Group, Inc. (PFG) has been gaining momentum on the back of its strategic buyouts, strong retention, higher single premium annuity sales and effective capital deployment. Optimistic Growth Projections The Zacks Consensus Estimate for Principal Financial's 2024 earnings per share indicates a year-over-year increase of 14.5%. The consensus estimate for revenues is pegged at $15.52 billion, implying a year-over-year improvement of 5.8%. The consensus estimate for 2025 earnings per share and ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 1-16725 (Commission file number) PRINCIPAL FINANCIAL GROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or Delaware 42-1 ...

| --- | --- | |-----------------------------------------------|-------| | | | | O Principal® | | | First Quarter 2024 Earnings Call Presentation | | | PRINCIPAL FINANCIAL GROUP April 25, 2024 | | Key takeaways • 1Q24 non-GAAP EPS¹ excluding significant variances² of $1.75 increased 9% from 1Q23; non-GAAP operating earnings¹ excluding significant variances2 increased 6% · Well-positioned to deliver on 9-12% long-term enterprise non-GAAP EPS¹ growth in 2024 Strong top-line growth of 5% across the enterprise . ...