Principal Announces Second Quarter 2018 Results

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Principal Financial Group (PFG) Misses Q2 EPS by 2c

July 26, 2018 4:26 PM EDT

Principal Financial Group (NASDAQ: PFG) reported Q2 EPS of $1.35, $0.02 worse than the analyst estimate of $1.37.

Company Highlights

Second quarter 2018 net income attributable to Principal Financial Group, Inc. (PFG) of $456.6 million, or $1.58 per diluted shareSecond quarter 2018 non-GAAP operating earnings1 of $391.4 million, or $1.35 per diluted shareAssets under management (AUM) of $666.6 billion, up 6 percent over second quarter 2017Company declares third quarter 2018 common stock dividend of $0.53 per share; a 13 percent increase over third quarter 2017

Highlights

Net income attributable to PFG for second quarter 2018 increased 48 percent to... More