Investing.com - Principal Financial (NASDAQ:PFG) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Principal Financial announced earnings per share of $1.48 on revenue of $3.98B. Analysts polled by Investing.com anticipated EPS of $1.42 on revenue of $3.93B.
Principal Financial shares are down 0% from the beginning of the year, still down 7.81% from its 52 week high of $57.00 set on February 12, 2020. They are under-performing the S&P 500 which is up 0.83% 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 January 15, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
Mastercard had beat expectations on Thursday with fourth quarter EPS of $1.64 on revenue of $4.12B, compared to forecast for EPS of $1.54 on revenue of $4.02B.
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