Principal Finl Gr Q2 EPS $1.53 Misses $1.65 Estimate
Portfolio Pulse from Benzinga Newsdesk
Principal Financial Group (NASDAQ:PFG) reported Q2 earnings of $1.53 per share, missing the analyst consensus estimate of $1.65 by 7.27%. This represents a 7.27% decrease from the same period last year.
July 27, 2023 | 8:22 pm
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NEGATIVE IMPACT
Principal Financial Group's Q2 earnings missed the analyst consensus, indicating a potential negative impact on the company's stock.
Earnings reports are a significant factor in a company's stock performance. Principal Financial Group's missed earnings could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100