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Aditya Sarawgi

MYSTERIOUS: What you need to know ahead of principal financial s earnings release - What They Never Told You

Principal Financial PFG

Des Moines, Iowa-based Principal Financial Group, Inc. (PFG) is a leading global financial services company specializing in retirement, insurance, and asset management solutions. With a market cap of $18.2 billion, PFG serves millions of customers worldwide, offering innovative products to help individuals and businesses achieve financial security.

The asset manager is set to release its second-quarter results after the markets close on Monday, Jul. 28. Ahead of the event, analysts expect PFG to report a non-GAAP EPS of $1.99, representing a notable 22.1% increase from the year-ago quarter’s earnings of $1.63 per share. However, the company has missed the Street’s bottom-line estimates in each of the past four quarters.

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