Principal Finl Gr Q3 2024 Adj. EPS $1.78 Misses $2.02 Estimate
Portfolio Pulse from Benzinga Newsdesk
Principal Financial Group reported Q3 2024 adjusted earnings per share of $1.78, missing the analyst consensus estimate of $2.02 by 11.88%.
October 24, 2024 | 8:15 pm
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NEGATIVE IMPACT
Principal Financial Group's Q3 2024 earnings per share of $1.78 fell short of the expected $2.02, missing by 11.88%. This miss could negatively impact investor sentiment and the stock price in the short term.
The earnings miss of 11.88% is significant and likely to lead to negative investor sentiment. Such a miss can result in a short-term decline in stock price as investors adjust their expectations.
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IMPORTANCE 80
RELEVANCE 100