Principal Financial Group, Inc. (NASDAQ:PFG) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Humphrey Lee - VP, IR Daniel Houston - Chairman, President & CEO Deanna Strable - EVP & CFO Amy Friedrich - President, Benefits and Protection Christopher Littlefield - President, Retirement and Income Solutions Kamal Bhatia - President & CEO, Principal Asset Management Joel Pitz - Interim CFO Conference Call Participants Joel Hurwitz - Dowling & Partners Suneet Kamath - Jefferies ...

Principal Financial Group, Inc.'s (PFG) third-quarter 2024 operating net income of $1.76 per share missed the Zacks Consensus Estimate by 12.4%. The bottom line increased 2.3% year over year. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Operating revenues increased 5.5% year over year to $3.6 billion due to increased fees and other revenues and net investment income. The metric missed the Zacks Consensus Estimate by 6.3%. Principal Financial witnessed solid performance across th ...

Principal Financial (PFG) reported $3.67 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 5.6%. EPS of $1.76 for the same period compares to $1.72 a year ago. The reported revenue represents a surprise of -6.38% over the Zacks Consensus Estimate of $3.92 billion. With the consensus EPS estimate being $2.01, the EPS surprise was -12.44%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Principal Financial (PFG) came out with quarterly earnings of $1.76 per share, missing the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $1.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.44%. A quarter ago, it was expected that this financial services company would post earnings of $1.87 per share when it actually produced earnings of $1.63, delivering a surprise of -12.83%.Over the last fou ...

INVESTOR CONTACT: MEDIA CONTACT: Humphrey Lee 877-909-1105, lee.humphrey@principal.com Jane Slusark 515-362-0482, slusark.jane@principal.com Principal Financial Group Announces Third Quarter 2024 Results Raises fourth quarter 2024 common stock dividend (Des Moines, Iowa) – Principal Financial Group(Nasdaq: PFG) announced results for third quarter 2024. | --- | --- | --- | |-------|-------------------------------------------------------------------------------------------------------------------------------- ...

Principal Financial Group, Inc. (PFG) is slated to report third-quarter 2024 earnings on Oct. 24, after market close. PFG delivered a negative earnings surprise in the last reported quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Factors at PlayPrincipal Financial’s third-quarter results are likely to reflect a rise in fee revenues, higher yields, favorable market performance and higher sales of single premium group annuities.The Zacks Consensus Estimate for third-quarter 20 ...

Wall Street analysts forecast that Principal Financial (PFG) will report quarterly earnings of $2.01 per share in its upcoming release, pointing to a year-over-year increase of 16.9%. It is anticipated that revenues will amount to $3.92 billion, exhibiting an increase of 12.8% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsider ...

Principal Financial Group, Inc. (PFG) is well-poised to gain from strategic buyouts, strong retention, higher single premium annuity sales, effective capital deployment, positive net cash flow and financial stability. Principal Financial's revenue growth is expected to improve in the long run, riding on higher premiums and other considerations, fees and other revenues, and improved net investment income across its segments. The Principal International segment is likely to benefit from higher single-premium ...

Reston, Virginia, Oct. 03, 2024 (GLOBE NEWSWIRE) -- College students from across the country are invited to attend two Career Connections Conferences hosted by Future Business Leaders of America, Inc. (FBLA), the nation's largest career and technical student organization focused solely on business. The conferences will be held in Atlanta October 17-19 and Des Moines October 24-26. Both conferences will feature opportunities for students to hear from C-suite executives, recruiters, and young professionals ab ...

Shares of Principal Financial Group, Inc. (PFG) have gained 0.8% in the past year, underperforming the industry's growth of 11% and the Zacks S&P 500 composite's rise of 14.4%. PFG Lags Industry and S&P Image Source: Zacks Investment Research Earnings per share missed the consensus estimate in the last two reported quarters of 2024. Closing at $79.30 on Tuesday, the stock stands almost 10.1% below its 52-week high of $88.26. The Zacks Consensus Estimate for PFG's 2024 and 2025 earnings has moved 0.2% and 0. ...