Principal Announces Fourth Quarter and Full Year 2019 Results

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Principal Financial Group (PFG) Tops Q4 EPS by 2c

January 28, 2020 4:16 PM EST

Principal Financial Group (NASDAQ: PFG) reported Q4 EPS of $1.41, $0.02 better than the analyst estimate of $1.39.

Company Highlights

Fourth quarter 2019 net income attributable to Principal Financial Group, Inc. (PFG) of $300.9 million, or $1.07 per diluted share. Full year 2019 net income attributable to Principal Financial Group, Inc. of $1,394.2 million, or $4.96 per diluted shareFourth quarter 2019 non-GAAP operating earnings1 of $396.4 million, or $1.41 per diluted share. Full year 2019 non-GAAP operating earnings of $1,569.1 million, or $5.58 per diluted shareRecord assets under management (AUM) of $735.3 billionCompany declares first quarter 2020 common stock dividend of $0.56 per share; a 4% increase over first... More