Principal Financial (PFG) Misses Q2 Earnings Estimates

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 ...