Principal Financial Posts Mixed 1Q
Principal Financial Group, Inc. (NYSE:PFG) reported first-quarter 2012 operating earnings of 70 cents per share, lagging the Zacks Consensus Estimate by 4 cents. However, results in the quarter were better than 68 cents earned in the prior-year quarter. Operating income was $213 million in the quarter, down 3.1% from $219.8 million in the first quarter [...]
Principal Financial Group, Inc. (NYSE:PFG) reported first-quarter 2012 operating earnings of 70 cents per share, lagging the Zacks Consensus Estimate by 4 cents. However, results in the quarter were better than 68 cents earned in the prior-year quarter. Operating income was $213 million in the quarter, down 3.1% from $219.8 million in the first quarter of 2011.
The year-over-year improvement was primarily driven by double-digit growth in the Principal International segment.
Including net realized … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards