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PFGBearishEarningsnews
Materiality pending

What Awaits Principal Financial (PFG) This Earnings Season?

Apr 22, 2024, 8:34 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Principal Financial Group, Inc. will report Q1 2024 earnings on Apr 25. - First-quarter results expected to reflect higher invested assets, increased sales of group annuities. - Zacks Consensus Estimate for Q1 2024 revenues is $3.68 billion, up 6.8%. - Expenses likely to have increased due to higher reserves and operating expenses. - Quantitative model does not predict an earnings beat for PFG this time. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Principal Financial Group, Inc. will report Q1 2024 earnings on Apr 25.
  • First-quarter results expected to reflect higher invested assets, increased sales of group annuities.
  • Zacks Consensus Estimate for Q1 2024 revenues is $3.68 billion, up 6.8%.
  • Expenses likely to have increased due to higher reserves and operating expenses.
  • Quantitative model does not predict an earnings beat for PFG this time.

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