Investing.com - Principal Financial (NASDAQ:PFG) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Principal Financial announced earnings per share of $1.53 on revenue of $3.77B. Analysts polled by Investing.com anticipated EPS of $1.36 on revenue of $3.74B.
Principal Financial shares are up 26% from the beginning of the year, still down 1.94% from its 52 week high of $64.14 set on April 16. They are outperforming the Nasdaq which is up 9.33% 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 April 14, who reported EPS of $4.5 on revenue of $33.12B, compared to forecasts EPS of $3.1 on revenue of $30.49B.
UnitedHealth had beat expectations on April 15 with first quarter EPS of $5.31 on revenue of $70.2B, compared to forecast for EPS of $4.39 on revenue of $69.07B.
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