PFG News

Stocks

Headlines

Principal Financial Group Reports Strong Q4 Earnings Growth

Strong Earnings Report: Principal Financial Group Inc. has significantly improved its quarterly earnings, reporting $905.4 million for Q4, compared to a loss last year. EPS soared to $3.92, slightly above analyst expectations.

Date: 
AI Rating:   7

Earnings Performance: Principal Financial Group Inc. reported an impressive turnaround in earnings for Q4, with a total of $905.4 million, compared to a loss of -$871.7 million the same quarter last year. This substantiates the company’s strong recovery and potential for future growth.

Earnings Per Share (EPS): EPS for the quarter reached $3.92, contrasting sharply from the prior year's -$3.66. The adjusted EPS, excluding certain items, was reported at $1.94, aligning closely with analyst projections of $1.93. This slight outperformance indicates the company’s operational efficiency and profitability.