Principal Financial Group Inc. Q4 adjusted earnings Miss Estimates

(RTTNews) - Principal Financial Group Inc. (PFG) released earnings for fourth quarter that decreased from last year.

The company's bottom line came in at $236.5 million, or $0.83 per share. This compares with $841.8 million, or $2.87 per share, in last year's fourth quarter.

Excluding items, Principal Financial Group Inc. reported adjusted earnings of $378.9 million or $1.11 per share for the period.

Analysts had expected the company to earn $1.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Principal Financial Group Inc. earnings at a glance:

-Earnings (Q4): $378.9 Mln. vs. $453.5 Mln. last year. -EPS (Q4): $1.11 vs. $1.19 last year. -Analysts Estimate: $1.30