Principal Monetary (PFG) reported $4.75 billion in income for the quarter ended December 2024, representing a year-over-year improve of 12%. EPS of $1.94 for a similar interval compares to $1.83 a yr in the past.
The reported income represents a shock of +17.89% over the Zacks Consensus Estimate of $4.03 billion. With the consensus EPS estimate being $1.95, the EPS shock was -0.51%.
Whereas traders scrutinize income and earnings adjustments year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders venture a inventory’s worth efficiency extra precisely.
Right here is how Principal Monetary carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Property below administration (AUM): $712.1 billion versus $695.7 billion estimated by two analysts on common.
- Income- Premiums and different issues: $1.83 billion in comparison with the $1.92 billion common estimate based mostly on 5 analysts. The reported quantity represents a change of -11.9% yr over yr.
- Income- Charges and different revenues: $1.12 billion in comparison with the $1.09 billion common estimate based mostly on 5 analysts. The reported quantity represents a change of +7.5% yr over yr.
- Income- Web funding revenue: $1.12 billion in comparison with the $1.17 billion common estimate based mostly on 5 analysts. The reported quantity represents a change of -0.4% yr over yr.
- Income- Principal Asset Administration Phase- Web funding revenue: $163.40 million versus the four-analyst common estimate of $194.07 million. The reported quantity represents a year-over-year change of -26%.
- Income- Advantages and Safety Phase- Specialty Advantages- Charges and different revenues: $8.30 million versus $8.58 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -1.2% change.
- Income- Advantages and Safety Phase- Specialty Advantages- Premiums and different issues: $815.30 million in comparison with the $800.73 million common estimate based mostly on 4 analysts. The reported quantity represents a change of +4.1% yr over yr.
- Income- Advantages and Safety Phase- Specialty Advantages- Web Funding Earnings: $49.70 million versus $48.88 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +5.7% change.
- Income- Advantages and Safety Phase- Specialty Advantages- Complete: $873.30 million versus $858.19 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +4.2% change.
- Income- Advantages and Safety Phase- Life Insurance coverage- Charges and different revenues: $114.50 million in comparison with the $105.67 million common estimate based mostly on 4 analysts. The reported quantity represents a change of +7.9% yr over yr.
- Income- Advantages and Safety Phase- Life Insurance coverage- Premiums and different issues: $110.90 million in comparison with the $124.50 million common estimate based mostly on 4 analysts. The reported quantity represents a change of -8% yr over yr.
- Income- Advantages and Safety Phase- Life Insurance coverage- Web Funding Earnings: $103.90 million in comparison with the $101.39 million common estimate based mostly on 4 analysts. The reported quantity represents a change of -3.4% yr over yr.
View all Key Company Metrics for Principal Financial here>>>
Shares of Principal Monetary have returned +2.9% over the previous month versus the Zacks S&P 500 composite’s +2.1% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it might carry out in step with the broader market within the close to time period.
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Principal Financial Group, Inc. (PFG) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
