Principal Financial Group Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - Principal Financial Group Inc. (PFG) released a profit for second quarter that decreased from the same period last year.

The company's earnings came in at $361.8 million, or $1.32 per share. This compares with $398.3 million, or $1.45 per share, in last year's second quarter.

Excluding items, Principal Financial Group Inc. reported adjusted earnings of $467.3 million or $1.70 per share for the period.

Analysts had expected the company to earn $1.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Principal Financial Group Inc. earnings at a glance:

-Earnings (Q2): $467.3 Mln. vs. $402.7 Mln. last year. -EPS (Q2): $1.70 vs. $1.46 last year. -Analysts Estimate: $1.50