$3.23 Billion in Sales Expected for Principal Financial Group, Inc. (NYSE:PFG) This Quarter

Equities research analysts expect Principal Financial Group, Inc. (NYSE:PFGGet Rating) to announce sales of $3.23 billion for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Principal Financial Group’s earnings, with estimates ranging from $2.88 billion to $3.51 billion. Principal Financial Group reported sales of $3.61 billion during the same quarter last year, which indicates a negative year over year growth rate of 10.5%. The firm is expected to report its next quarterly earnings results after the market closes on Monday, January 1st.

According to Zacks, analysts expect that Principal Financial Group will report full-year sales of $12.94 billion for the current financial year, with estimates ranging from $11.93 billion to $13.52 billion. For the next year, analysts expect that the business will post sales of $13.02 billion, with estimates ranging from $11.92 billion to $13.93 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that follow Principal Financial Group.

Separately, StockNews.com assumed coverage on Principal Financial Group in a research report on Thursday, March 31st. They set a “hold” rating for the company.

Shares of NYSE PFG traded down $0.51 during trading hours on Friday, reaching $69.24. The stock had a trading volume of 2,434,623 shares, compared to its average volume of 1,767,147. Principal Financial Group has a fifty-two week low of $58.66 and a fifty-two week high of $80.36.

Principal Financial Group Company Profile (Get Rating)

Principal Financial Group, Inc provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments.

Read More

Get a free copy of the Zacks research report on Principal Financial Group (PFG)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Principal Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Principal Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.