Principal Financial's Earnings: A Preview


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


On Monday, Principal Financial (NYSE:PFG) will release its latest earnings report. Benzinga's outlook for Principal Financial is included in the following report.

Earnings and Revenue

Wall Street analysts see Principal Financial reporting earnings of $1.36 on sales of $3.64 billion.

Principal Financial reported a per-share profit of $1.27 when it published results during the same quarter last year. Sales in that period totaled $3 billion. Sales would be have grown 1.31 percent from the same quarter last year.

Here's how the company's EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 1.3 1.23 1.16 1.15
EPS Actual 1.28 1.31 1.27 1.27

 

Q4 EPS Estimate: $1.36
Q4 Revenues Estimate: $3 billion

Stock Performance

Shares of Principal Financial were trading at $75.04 as of Jan. 29. Over the last 52-week period, shares are up 28.1 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Principal Financial stock is a Sell. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Principal Financial's Q4 is scheduled to hold a conference call at 8:00 a.m. ET and it can be accessed here.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews