- Principal Financial Group (NASDAQ:PFG) falls 3.2% in after-hours trading after Q4 operating EPS of $1.11 falls 18 cents short of the consensus estimate; pretax operating earnings declined at its Retirement and Income Solutions-Fee, Global Investors, International, and Individual Life Insurance units.
- Total assets of $243.0B at the end of 2018 slipped from $253.9B a year earlier.
- Q4 Retirement and Income Solutions-Fee pretax operating earnings sank 27% to $92.0M vs. $126.6M a year ago.
- Q4 Retirement and Income Solutions-Spread pretax operating earnings rose 6% to $79.3M Y/Y.
- Q4 Principal Global Investors pretax operating earnings of $100.5M fell 19% Y/Y.
- Q4 Principal International pretax operating earnings slid 31% Y/Y to $54.2M.
- Q4 Specialty Benefits Insurance pretax operating earnings rose 19% to $74.5M.
- Q4 Individual Life Insurance pretax operating earnings fell 31% Y/Y to $33.1M.
- Book value per common of $40.75 at Dec. 31, 2018 vs. $44.46 at Dec. 31, 2017.
- Book value per common share excluding AOCI other than foreign currency translation adjustment was $41.84 at 2018-end and $40.71 at 2017-end.
- Conference call on Jan. 30 at 10:00 AM ET.
- Previously: Principal Financial Group misses by $0.18 (Jan. 29)
Principal Financial -3.2% as Q4 oper EPS misses by 18 cents
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About PFG Stock
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| Symbol | Last Price | % Chg |
|---|---|---|
| PFG | - | - |
| Principal Financial Group, Inc. | ||