Investing.com - Principal Financial (NASDAQ:PFG) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Principal Financial announced earnings per share of $1.69 on revenue of $3.99B. Analysts polled by Investing.com anticipated EPS of $1.59 on revenue of $3.99B.
Principal Financial shares are up 96% from the beginning of the year, still down 0.88% from its 52 week high of $70.13 set on October 26. They are outperforming the STOXX 600 which is up 19.22% from the start of the year.
Principal Financial follows other major Financial sector earnings this month
Principal Financial's report follows an earnings beat by JPMorgan on October 13, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.79B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.42 on revenue of $71.38B.
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