Investing.com - Principal Financial (NASDAQ:PFG) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Principal Financial announced earnings per share of $1.63 on revenue of $3.62B. Analysts polled by Investing.com anticipated EPS of $1.55 on revenue of $3.57B.
Principal Financial shares are down 21.5% from the beginning of the year, still down 12.10% from its 52 week high of $80.36 set on February 10. They are under-performing the S&P 500 which is down 10.04% from the start of the year.
Principal Financial follows other major Financial sector earnings this month
Principal Financial's report follows an earnings missed by JPMorgan on April 13, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.7 on revenue of $30.66B.
Bank of America had beat expectations on April 18 with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7495 on revenue of $23.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar