Principal Financial Group (PFG) Misses Q4 EPS by 18c

Principal Financial Group (NASDAQ: PFG) reported Q4 EPS of $1.19, $0.18 worse than the analyst estimate of $1.37.

• Fourth quarter 2017 net income attributable to Principal Financial Group, Inc. (PFG) of $841.8 million, or $2.87 per diluted share; Full year 2017 net income attributable to Principal Financial Group, Inc. of $2,310.4 million, or $7.88 per diluted share
• Fourth quarter 2017 non-GAAP operating earnings1 of $350.8 million, or $1.19 per diluted share; Record full year 2017 non-GAAP operating earnings of $1,478.6 million, or $5.04 per diluted share
• Record assets under management (AUM) of $668.6 billion, up 13 percent on a trailing twelve-month basis
• Company declares first quarter 2018 common stock dividend of $0.51 per share; a $0.02 increase over the fourth quarter 2017 common stock dividend and a 13 percent increase over the first quarter 2017 common stock dividend

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

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