Profile
Sector:
Financial ServicesIndustry:
Asset ManagementCountry:
United StatesIPO:
23 October 2001Website:
http://www.principal.comNext earnings report:
13 February 2025Last dividends:
05 September 2024Next dividends:
02 December 2024Price
pre-market | 8 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
PFG Latest News
Principal Financial has been upgraded to a buy rating because it demonstrates signs of growth that may increase its insurance premiums and fees revenue, along with favorable earnings per share forecasts. The company offers a 3% dividend yield, which is attractive compared to its competitors. Additionally, with high credit ratings from leading agencies and a low debt-to-equity ratio, the firm presents a lower risk profile.
Principal Financial Group, Inc. (NASDAQ:PFG) will hold its Q3 2024 Earnings Conference Call on October 25, 2024, at 10:00 AM ET. The call will feature several company leaders, including Daniel Houston, the Chairman and CEO, and Deanna Strable, the CFO. Humphrey Lee, the Vice President of Investor Relations, will now begin the call.
PFG's results for the third quarter show strong performance in the Retirement and Income Solution and Principal International areas, although they were affected by increased costs.
The financial results for Principal Financial (PFG) from the quarter ending in September 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
Principal Financial (PFG) reported quarterly earnings of $1.76 per share, which is lower than the Zacks Consensus Estimate of $2.01 per share. This is an increase compared to earnings of $1.72 per share from the same period last year.
PFG's results for the third quarter are expected to show an increase in fee income, improved yields, positive market trends, and greater sales of single premium group annuities.
PFG benefits from new business chances, good returns on investment, strong financial stability, and efficient use of capital.
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) has announced that it will share its financial results for the third quarter of 2024 shortly after U.S. markets close on Thursday, October 24, 2024. A live conference call will take place on Friday, October 25, 2024, at 10 a.m. ET, where Dan Houston, the chairman and CEO, along with Deanna Strable, the president and COO, will discuss the results. Other senior management members will also be present to answer questions.
Reston, Virginia, Oct. 03, 2024 (GLOBE NEWSWIRE) -- College students nationwide are welcome to join two Career Connections Conferences organized by Future Business Leaders of America, Inc. (FBLA), the largest organization in the U.S. for business-focused career and technical students. The events will take place in Atlanta from October 17-19 and in Des Moines from October 24-26.
Principal Financial (PFG) came out with quarterly earnings of $1.63 per share, missing the Zacks Consensus Estimate of $1.87 per share. This compares to earnings of $1.53 per share a year ago.
What type of business is Principal Financial?
Principal Financial Group, Inc. is a large American financial company based in Des Moines, Iowa. The company was founded in 1879 and provides services in investment management, pension funding, and insurance. The company operates through four segments: - Pension and income solutions segment - Global investors segment - International segment - U.S. insurance solutions segment
What sector is Principal Financial in?
Principal Financial is in the Financial Services sector
What industry is Principal Financial in?
Principal Financial is in the Asset Management industry
What country is Principal Financial from?
Principal Financial is headquartered in United States
When did Principal Financial go public?
Principal Financial initial public offering (IPO) was on 23 October 2001
What is Principal Financial website?
https://www.principal.com
Is Principal Financial in the S&P 500?
Yes, Principal Financial is included in the S&P 500 index
Is Principal Financial in the NASDAQ 100?
No, Principal Financial is not included in the NASDAQ 100 index
Is Principal Financial in the Dow Jones?
No, Principal Financial is not included in the Dow Jones index
When was Principal Financial the previous earnings report?
No data
When does Principal Financial earnings report?
The next expected earnings date for Principal Financial is 13 February 2025