Principal Financial Group (PFG) Misses Q3 EPS by 54c

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Principal® Announces Third Quarter 2020 Results

October 26, 2020 4:15 PM EDT

Company also announces common stock dividend

Company Highlights

Third quarter 2020 net income attributable to Principal Financial Group®, Inc. (PFG) of $236.0 million, or $0.85 per diluted share Third quarter 2020 non-GAAP operating earnings1 of $234.5 million, or $0.85 per diluted share Annual actuarial assumption review reduced net income by $118.2 million, or $0.43 per diluted share, and non-GAAP operating earnings by $113.1 million, or $0.41 per diluted share Assets under management (AUM) of $731.3 billion Company declares fourth quarter 2020 common stock dividend of $0.56 per share 

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