A Look Ahead: Principal Finl Gr's Earnings Forecast
Portfolio Pulse from Benzinga Insights
Principal Financial Group (NASDAQ:PFG) is set to release its quarterly earnings on October 24, 2024. Analysts expect an EPS of $2.00. Investors are keen on not just an earnings beat but also positive future guidance. Past performance shows a tendency for stock price drops following earnings misses.
October 23, 2024 | 3:01 pm
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Principal Financial Group is expected to announce its quarterly earnings with an EPS estimate of $2.00. Investors are looking for not just an earnings beat but also positive guidance. Past earnings misses have led to stock price declines.
The upcoming earnings release for PFG is crucial as it will indicate whether the company meets or exceeds the EPS estimate of $2.00. However, the guidance provided will be a significant factor in determining the stock's short-term price movement. Historically, PFG's stock has reacted negatively to earnings misses, as seen in previous quarters.
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