We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
What Analyst Projections for Key Metrics Reveal About Principal Financial (PFG) Q3 Earnings
Read MoreHide Full Article
The upcoming report from Principal Financial (PFG - Free Report) is expected to reveal quarterly earnings of $2.46 per share, indicating an increase of 17.1% compared to the year-ago period. Analysts forecast revenues of $4.31 billion, representing an increase of 10.6% year over year.
The consensus EPS estimate for the quarter has undergone a downward revision of 2.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Principal Financial metrics that are commonly tracked and forecasted by Wall Street analysts.
It is projected by analysts that the 'Total revenues- Fees and other revenues' will reach $1.15 billion. The estimate suggests a change of +2.1% year over year.
According to the collective judgment of analysts, 'Total revenues- Net investment income' should come in at $1.29 billion. The estimate indicates a change of +7.8% from the prior-year quarter.
Analysts forecast 'Total revenues- Premiums and other considerations' to reach $1.86 billion. The estimate points to a change of +21.6% from the year-ago quarter.
The combined assessment of analysts suggests that 'Total operating revenues- Principal Asset Management Segment- Fees and other revenues' will likely reach $556.53 million. The estimate suggests a change of +1.7% year over year.
Based on the collective assessment of analysts, 'Total operating revenues- Principal Asset Management Segment- Net investment income' should arrive at $156.81 million. The estimate suggests a change of -12.6% year over year.
Analysts' assessment points toward 'Total operating revenues- Benefits and Protection Segment-Specialty Benefits- Fees and other revenues' reaching $8.04 million. The estimate suggests a change of -4.3% year over year.
The average prediction of analysts places 'Total operating revenues- Benefits and Protection Segment-Specialty Benefits- Premiums and other considerations' at $876.44 million. The estimate suggests a change of +4.7% year over year.
Analysts expect 'Total operating revenues- Benefits and Protection Segment-Specialty Benefits- Net Investment Income' to come in at $57.14 million. The estimate points to a change of +11.4% from the year-ago quarter.
Analysts predict that the 'Total operating revenues- Benefits and Protection Segment-Specialty Benefits' will reach $941.62 million. The estimate suggests a change of +5% year over year.
The consensus among analysts is that 'Total operating revenues- Benefits and Protection Segment-Life Insurance- Fees and other revenues' will reach $115.30 million. The estimate suggests a change of +2.2% year over year.
The collective assessment of analysts points to an estimated 'Assets under management (AUM) - International Pension' of $164.33 billion. The estimate compares to the year-ago value of $150.70 billion.
The consensus estimate for 'Assets under management (AUM) - Investment Management' stands at $593.01 billion. The estimate compares to the year-ago value of $601.60 billion.
Principal Financial shares have witnessed a change of -5% in the past month, in contrast to the Zacks S&P 500 composite's +1% move. With a Zacks Rank #3 (Hold), PFG is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
View the Zacks #1 Rank List
Image: Bigstock
What Analyst Projections for Key Metrics Reveal About Principal Financial (PFG) Q3 Earnings
The upcoming report from Principal Financial (PFG - Free Report) is expected to reveal quarterly earnings of $2.46 per share, indicating an increase of 17.1% compared to the year-ago period. Analysts forecast revenues of $4.31 billion, representing an increase of 10.6% year over year.
The consensus EPS estimate for the quarter has undergone a downward revision of 2.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Principal Financial metrics that are commonly tracked and forecasted by Wall Street analysts.
It is projected by analysts that the 'Total revenues- Fees and other revenues' will reach $1.15 billion. The estimate suggests a change of +2.1% year over year.
According to the collective judgment of analysts, 'Total revenues- Net investment income' should come in at $1.29 billion. The estimate indicates a change of +7.8% from the prior-year quarter.
Analysts forecast 'Total revenues- Premiums and other considerations' to reach $1.86 billion. The estimate points to a change of +21.6% from the year-ago quarter.
The combined assessment of analysts suggests that 'Total operating revenues- Principal Asset Management Segment- Fees and other revenues' will likely reach $556.53 million. The estimate suggests a change of +1.7% year over year.
Based on the collective assessment of analysts, 'Total operating revenues- Principal Asset Management Segment- Net investment income' should arrive at $156.81 million. The estimate suggests a change of -12.6% year over year.
Analysts' assessment points toward 'Total operating revenues- Benefits and Protection Segment-Specialty Benefits- Fees and other revenues' reaching $8.04 million. The estimate suggests a change of -4.3% year over year.
The average prediction of analysts places 'Total operating revenues- Benefits and Protection Segment-Specialty Benefits- Premiums and other considerations' at $876.44 million. The estimate suggests a change of +4.7% year over year.
Analysts expect 'Total operating revenues- Benefits and Protection Segment-Specialty Benefits- Net Investment Income' to come in at $57.14 million. The estimate points to a change of +11.4% from the year-ago quarter.
Analysts predict that the 'Total operating revenues- Benefits and Protection Segment-Specialty Benefits' will reach $941.62 million. The estimate suggests a change of +5% year over year.
The consensus among analysts is that 'Total operating revenues- Benefits and Protection Segment-Life Insurance- Fees and other revenues' will reach $115.30 million. The estimate suggests a change of +2.2% year over year.
The collective assessment of analysts points to an estimated 'Assets under management (AUM) - International Pension' of $164.33 billion. The estimate compares to the year-ago value of $150.70 billion.
The consensus estimate for 'Assets under management (AUM) - Investment Management' stands at $593.01 billion. The estimate compares to the year-ago value of $601.60 billion.
View all Key Company Metrics for Principal Financial here>>>Principal Financial shares have witnessed a change of -5% in the past month, in contrast to the Zacks S&P 500 composite's +1% move. With a Zacks Rank #3 (Hold), PFG is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .