Is a Beat in the Cards for Principal Financial This Earnings Season?

Core Insights - Principal Financial Group, Inc. (PFG) is anticipated to show improvements in both revenue and earnings for Q3 2025, with results expected to be reported on October 27 [1][9] - The Zacks Consensus Estimate for PFG's Q3 revenues is $4.07 billion, reflecting a 7.8% increase year-over-year [1][9] - The consensus estimate for earnings is $2.18 per share, indicating a year-over-year increase of 23.8% [2][9] Revenue and Earnings Estimates - The revenue estimate of $4.07 billion represents a 7.8% growth compared to the previous year [1][9] - The earnings estimate of $2.18 per share has increased by 0.4% over the past 30 days [2][9] - The expected net investment income for Q3 2025 is projected to be $1.2 billion [7] Factors Influencing Performance - Strong PRT sales, favorable underwriting experiences, and overall business growth are expected to positively impact PFG's Q3 results [5] - Increased management fee revenues from higher average assets under management (AUM) and performance fees, particularly in real estate, are likely to benefit the Investment Management segment [6] - Positive market performance and beneficial exchange rate impacts are expected to enhance assets under management [8] Expense Projections - Total expenses are anticipated to rise to $3.6 billion due to higher benefits, claims, and settlement expenses [8]