Principal Financial Group, Inc. (NASDAQ: PFG) is expected to release earnings results for its fourth quarter, after the closing bell on Feb. 12.
Analysts expect the Des Moines, Iowa-based company to report quarterly earnings at $1.68 per share, versus year-ago earnings of $1.7 per share. The company is projected to post revenue of $3.60 billion, compared to $3.62 billion in the year-earlier quarter, according to data from Benzinga Pro.
Last month, Evercore ISI Group analyst Thomas Gallagher upgraded Principal Finl from Underperform to In-Line and raised the price target from $82 to $83.
The company, during October, reported non-GAAP operating earnings of $1.72 per share for the third quarter, up from $1.60 per share in the year-ago quarter.
With the recent buzz around Principal Financial, some investors may be eyeing potential gains from the company’s ...