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Principal Financial Group, Inc. (PFG), headquartered in Des Moines, Iowa, is a global leader in financial services, offering various solutions, including retirement, insurance, and asset management. With a market cap of $18.3 billion, it plays a vital role in helping individuals and businesses achieve financial security and success. The company is set to release its Q4 earnings after the market closes on Thursday, Feb. 6.
Ahead of the event, analysts expect the financial services company to report a profit of $1.98 per share, up 8.2% from $1.83 in the year-ago quarter. The company missed the consensus estimates in three of the last four quarters while surpassing on another occasion. In Q3, the company missed the consensus EPS estimates by 12.4% due to lower-than-expected investment management revenues and higher expenses.
