Earnings Preview: Principal Financial Group

| About: Principal Financial (PFG)

Principal Financial (NYSE:PFG) is expected to report Q2 earnings after market close Monday, Aug. 4 with a conference call scheduled for Tuesday, Aug. 5 at 10:00 am ET.


Analysts are looking for EPS of 95c on revenue of $2.83B. The consensus range for EPS is 91c to $1.00, while the consensus range for revenue is $2.78B to $2.88B, according to First Call.

Analyst Views

Two of Principal Financial's larger peers in the insurance industry -- Aflac (NYSE:AFL) and MetLife(NYSE:MET) -- have recently reported lower than expected Q2 EPS. Meanwhile, two research firms have issued pessimistic notes about Principal Financial in recent weeks. Morgan Stanley, which expects insurance companies' Q2 earnings to be negatively impacted by the decline in the equity markets, identified Principal Financial on July 10 as one of two companies in the industry that have the greatest risk of missing earnings estimates. Banc of America on July 8 expressed caution about Principal Financial.