WASHINGTON (dpa-AFX) - Principal Financial Group Inc. (PFG) Monday reported fourth-quarter profit of $233.4 million or $0.78 per share, up from $214.9 million or $0.72 per share in the same period last year.
Operating earnings for the quarter were $286.0 million or $0.96 per share. On average, 21 analysts polled by Thomson Reuters expected the company to earn $0.93 per share for the quarter. Analysts' estimates typically exclude special items.
Operating revenues increased 20 percent to $2.74 billion from $2.29 billion last year. Analysts expected revenues of $2.45 billion.
Copyright RTT News/dpa-AFX