Principal Financial Earnings, Revenue miss In Q3

  • Investing.com
Principal Financial Earnings, Revenue miss In Q3
Credit: © Reuters.

Investing.com - Principal Financial reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Principal Financial announced earnings per share of $0.85 on revenue of $3.62B. Analysts polled by Investing.com anticipated EPS of $1.39 on revenue of $3.63B.

Principal Financial shares are down 23% from the beginning of the year and are trading at $41.99 , down-from-52-week-high.They are under-performing the S&P 500 which is up 5.27% 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 Tuesday, October 13, 2020, who reported EPS of $2.92 on revenue of $29.94B, compared to forecasts EPS of $2.23 on revenue of $28.22B.

UnitedHealth had beat expectations on Wednesday, October 14, 2020 with third quarter EPS of $3.51 on revenue of $65.12B, compared to forecast for EPS of $3.11 on revenue of $63.79B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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