Wall Street analysts expect Principal Financial to report second-quarter earnings of $2.32 per share, a 7.4% increase from a year ago, on revenues of $4.11 billion, up 11.4%. The consensus EPS estimate has been revised upward by 1% over the past 30 days. Among key metrics, analysts project fees and other revenues of $1.11 billion, net investment income of $1.30 billion, and premiums and other considerations of $1.65 billion. Within the Principal Asset Management segment, fees and other revenues are seen at $554.61 million and net investment income at $168.47 million. For the Benefits and Protection segment's Specialty Benefits unit, premiums and other considerations are forecast at $867.95 million, contributing to a total segment revenue estimate of $932.64 million. Assets under management in International Pension are expected to reach $161.70 billion, while Investment Management AUM is projected at $595.94 billion. Shares of Principal Financial have declined 2.5% over the past month, and the stock carries a Zacks Rank #3, or Hold.
Principal Financial Group IncAnalyst EPS estimate raised 1% and revenue growth forecast, but stock has declined 2.5% over past month and carries Hold rating.