Why Principal Monetary (PFG) is Poised to Beat Earnings Estimates Once more

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Why Principal Monetary (PFG) is Poised to Beat Earnings Estimates Once more

Looking for a inventory that has been constantly beating earnings estimates and may be properly pos


Looking for a inventory that has been constantly beating earnings estimates and may be properly positioned to maintain the streak alive in its subsequent quarterly report? Principal Monetary (PFG), which belongs to the Zacks Monetary – Funding Administration trade, could possibly be an important candidate to contemplate.

This monetary providers firm has a longtime document of topping earnings estimates, particularly when trying on the earlier two experiences. The corporate boasts a mean shock for the previous two quarters of 8.45%.

For the final reported quarter, Principal Monetary got here out with earnings of $1.52 per share versus the Zacks Consensus Estimate of $1.40 per share, representing a shock of 8.57%. For the earlier quarter, the corporate was anticipated to submit earnings of $1.32 per share and it truly produced earnings of $1.43 per share, delivering a shock of 8.33%.

Worth and EPS Shock

With this earnings historical past in thoughts, latest estimates have been transferring greater for Principal Monetary. In truth, the…



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