Investing.com - Principal Financial (NASDAQ:PFG) reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Principal Financial announced earnings per share of $1.46 on revenue of $3.83B. Analysts polled by Investing.com anticipated EPS of $1.29 on revenue of $3.8B.
Principal Financial shares are down 18% from the beginning of the year , still down 26.20% from its 52 week high of $60.58 set on July 29, 2019. They are under-performing the S&P 500 which is up 0.27% 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 July 14, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.15 on revenue of $30.41B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
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