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Principal Financial Group Inc. (PFG) revealed a profit for its first quarter that advanced from the same period last year.


RTTNews | Apr 27, 2021 04:39PM EDT

16:39 Tuesday, April 27, 2021 (RTTNews.com) - Principal Financial Group Inc. (PFG) revealed a profit for its first quarter that advanced from the same period last year.

The company's earnings came in at $517.1 million, or $1.87 per share. This compares with $288.9 million, or $1.04 per share, in last year's first quarter.

Excluding items, Principal Financial Group Inc. reported adjusted earnings of $423.5 million or $1.53 per share for the period.

Analysts had expected the company to earn $1.34 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Principal Financial Group Inc. earnings at a glance:

-Earnings (Q1): $423.5 Mln. vs. $319.6 Mln. last year.-EPS (Q1): $1.53 vs. $1.15 last year.-Analysts Estimate: $1.34

Read the original article on RTTNews ( https://www.rttnews.com/3188648/principal-financial-group-inc-q1-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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