Principal Financial Q3 Earnings Miss on Higher Costs, Dividend Raised

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 ...