Principal Financial Earnings, Revenue beat In Q1
Investing.com - Principal Financial reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Principal Financial announced earnings per share of $1.15 on revenue of $4.55B. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $3.82B. That with comparison to EPS of $1.43 on revenue of $3.68B in the same period a year before.Principal Financial had reported EPS of $1.41 on revenue of $4.19B in the previous quarter.Analysts are expecting EPS of $1.25 and revenue of $3.88B in the upcoming quarter.
Principal Financial shares are down 42% from the beginning of the year and are trading at $31.66 , down-from-52-week-high.They are under-performing the S&P 500 which is down 11.29% year to date.
Principal Financial follows other major Financial sector earnings this month
Principal Financial's report follows an earnings missed by JPMorgan on Tuesday, April 14, 2020, who reported EPS of $0.78 on revenue of $29.07B, compared to forecasts EPS of $1.87 on revenue of $29.54B.
UnitedHealth had beat expectations on Wednesday, April 15, 2020 with first quarter EPS of $3.72 on revenue of $64.42B, compared to forecast for EPS of $3.63 on revenue of $64.16B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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