A Look Ahead: Principal Finl Gr's Earnings Forecast

Principal Finl Gr PFG is preparing to release its quarterly earnings on Thursday, 2024-10-24. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Principal Finl Gr to report an earnings per share (EPS) of $2.00.

Principal Finl Gr bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

In the previous earnings release, the company missed EPS by $0.21, leading to a 3.42% drop in the share price the following trading session.

Here's a look at Principal Finl Gr's past performance and the resulting price change:

Stock Performance

Shares of Principal Finl Gr were trading at $89.92 as of October 22. Over the last 52-week period, shares are up 31.29%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Principal Finl Gr visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.