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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 $17.4 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 first-quarter results after the markets close on Thursday, Apr. 24. Ahead of the event, analysts expect the PFG to report a non-GAAP EPS of $1.88, representing a notable 13.9% increase from the year-ago quarter’s earnings of $1.65 per share. However, the company has missed the Street’s bottom-line estimates in each of the past four quarters.