Principal Announces Fourth Quarter and Full Year 2018 Results

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Principal Financial Group (PFG) Misses Q4 EPS by 19c

January 29, 2019 4:17 PM EST

Principal Financial Group (NASDAQ: PFG) reported Q4 EPS of $1.11, $0.19 worse than the analyst estimate of $1.30.

Net income attributable to PFG for fourth quarter 2018 of $236.5 million, compared to $841.8 million for fourth quarter 2017. Net income per diluted share of $0.83 for fourth quarter 2018 compared to $2.87 in prior year quarter. For the 12 months ending Dec. 31, 2018, net income attributable to PFG of $1,546.5 million, or $5.36 per diluted share, compared to a record $2,310.4 million, or $7.88 per diluted share, for the 12 months ending Dec. 31, 2017. 2017 net income... More