Recap: Principal Financial Group Q2 Earnings

Shares of Principal Financial Group PFG fell 0.16% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 3.95% over the past year to $1.46, which beat the estimate of $1.25.

Revenue of $3,181,000,000 decreased by 20.51% from the same period last year, which missed the estimate of $3,720,000,000.

Guidance

Principal Financial Group hasn't issued any earnings guidance for the time being.

Principal Financial Group hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $60.81

52-week low: $23.31

Price action over last quarter: Up 33.03%

Company Profile

Principal Financial Group Inc is a provider of retirement savings, investment, and insurance products, with approximately $540 billion in assets under management and nearly 20 million customers as of the recent quarter. It operates in four business segments that are Retirement and Income Solutions, Principal Global Investors, Principal International, and United States Insurance Solutions.The company receives maximum revenue in the form of premiums.