Principal Financial Group (PFG) Misses Q3 EPS by 2c

Principal Financial Group (NYSE: PFG) reported Q3 EPS of $1.28, $0.02 worse than the analyst estimate of $1.30.

Company Highlights

• Third quarter 2017 net income attributable to Principal Financial Group, Inc. of $810.2 million, or $2.76 per diluted share
• Third quarter 2017 operating earnings1 of $373.7 million, or $1.28 per diluted share
• Third quarter 2017 results reflect the impact of the annual actuarial assumption review which decreased net income by $26.6 million and operating earnings by $42.9 million
• Record assets under management (AUM) of $655.5 billion, up 10 percent on a trailing twelve-month basis
• Company declares fourth quarter 2017 common stock dividend of $0.49 per share; a 14 percent increase over the fourth quarter 2016 common stock dividend

For earnings history and earnings-related data on Principal Financial Group (PFG) click here.

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