Principal Finl Gr Q2 2024 Adj EPS $1.63 Misses $1.85 Estimate
Portfolio Pulse from Benzinga Newsdesk
Principal Financial Group (NASDAQ:PFG) reported Q2 2024 adjusted earnings per share (EPS) of $1.63, missing the analyst consensus estimate of $1.85 by 11.89%.
July 25, 2024 | 8:16 pm
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Principal Financial Group (NASDAQ:PFG) reported Q2 2024 adjusted EPS of $1.63, missing the analyst consensus estimate of $1.85 by 11.89%. This miss could lead to a short-term negative impact on the stock price as it indicates weaker-than-expected financial performance.
The reported EPS of $1.63 is significantly below the expected $1.85, indicating weaker financial performance. This miss is likely to result in a negative market reaction, leading to a short-term decline in the stock price.
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