Principal Financial Group Reports Q4 Earnings
Des Moines, Iowa – Principal Financial Group Inc. (PFG) announced its fourth-quarter financial results on Thursday.
Highlights:
* Net income: $905.4 million ($3.92 per share)
* Adjusted earnings: $1.94 per share
* Revenue: $4.75 billion
Analysts' Expectations:
* Earnings: $1.95 per share
* Revenue: $4.03 billion
Annual Performance:
* Net income: $1.57 billion ($6.68 per share)
Commentary:
The earnings release noted that the results missed Wall Street's expectations. However, revenue exceeded analysts' forecasts.
This financial news article was generated using data from Zacks Investment Research. For more information, please visit:
* Zacks Stock Report: https://www.zacks.com/ap/PFG