Earnings Alerts

Principal Financial (PFG) Earnings: 1Q Global Investors AUM Exceed Estimates

  • Principal Global Investors (PGI) assets under management (AUM) meet the anticipated estimates.
  • The total AUM stands at $708.5 billion.
  • AUM for PGI is reported as $513.5 billion, which betters the previous estimate of $511.85 billion.
  • The Principal International AUM is higher than the initial estimate of $176.43 billion, coming in at $178.7 billion.
  • There have been 0 buys, but 12 holds and 2 sells.
  • The Call Meeting is scheduled for 10 a.m. New York time on April 26.

A look at Principal Financial Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Principal Financial Group, Inc. has been given a mixed outlook according to Smartkarma Smart Scores. While the company scores well in Dividend, Resilience, and Momentum with scores of 4, 4, and 4 respectively, its Value and Growth scores are lower at 3 each. This indicates that the company is performing well in terms of dividends, overall resilience, and momentum, but there might be concerns regarding its current valuation and growth prospects.

Overall, Principal Financial Group, Inc. offers a range of financial products and services catering to businesses, individuals, and institutional clients. With a focus on retirement solutions, life and health insurance, wellness programs, and investment and banking products, the company has positioned itself as a comprehensive provider in the financial services industry. Investors should consider the company’s strengths in dividends, resilience, and momentum, while also keeping an eye on its valuation and growth potential for long-term investment strategies.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars