Principal Financial Group to Announce Q4 Earnings on February 9
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 08 2026
0mins
Should l Buy PFG?
Source: seekingalpha
- Earnings Announcement Date: Principal Financial Group is set to release its Q4 2023 earnings on February 9 after market close, with a consensus EPS estimate of $2.22, reflecting a 5.7% year-over-year growth, which could positively influence the stock price.
- Performance Expectations: Over the past two years, PFG has beaten EPS estimates 50% of the time but has never exceeded revenue expectations, indicating a level of uncertainty in profitability that may affect investor confidence.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen six upward revisions and two downward adjustments, while revenue estimates experienced one upward and one downward revision, reflecting mixed market sentiments regarding the company's future performance that could impact shareholder decisions.
- Buyback Program Impact: Principal Financial Group's share buyback initiatives are driving shareholder value growth; although the company has not met revenue expectations, these buybacks may enhance EPS, thereby bolstering market confidence in the firm.
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Analyst Views on PFG
Wall Street analysts forecast PFG stock price to rise
9 Analyst Rating
1 Buy
6 Hold
2 Sell
Hold
Current: 88.230
Low
74.00
Averages
91.33
High
103.00
Current: 88.230
Low
74.00
Averages
91.33
High
103.00
About PFG
Principal Financial Group, Inc. is a global financial company. The Company offers businesses, individuals, and institutional clients a range of financial products and services, including retirement, asset management and insurance, through its diverse family of financial services companies. The Company's segments include Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. The Retirement and Income Solutions segment offers workplace savings and retirement solutions, banking, trust and custodial services, individual variable annuities, and pension risk transfer, among others. The Principal Asset Management segment provides global investment solutions to institutional, retirement, retail, and high-net worth investors. The Benefits and Protection segment is organized into Specialty Benefits, which provides group dental, group life insurance, group disability insurance, supplemental health products, and individual disability and life insurance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Investment Decision Risks: Recent data shows that approximately 6 million individuals rolled nearly $700 billion into IRAs in 2022, and the absence of fiduciary rules may diminish the quality of advice surrounding these significant financial decisions, increasing risks for investors.
- Industry Reaction: The insurance industry welcomed this ruling as a victory for consumers, arguing that the Biden-era rule exceeded the Department's authority, indicating that future investors must be more cautious in selecting advisors to ensure they receive transparent and interest-aligned advice.
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- Safe Harbor Provision: The new rule establishes a 'safe harbor' to protect plan sponsors from litigation risks and outlines six factors to consider when selecting alternative investments, including performance, fees, and liquidity, which may encourage more 401(k) plans to adopt alternative assets.
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See More
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See More
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- Global Impact: As one of 138 recognized companies, Principal stands out across 19 countries and 41 industries, demonstrating its ability to promote ethical business practices globally, which enhances its brand image and market trust.
See More
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- Legislative Change Needed: To address the issue of Roth IRAs not being transferable to 401(k)s, Congress has introduced the Retirement Rollover Flexibility Act, which, if passed, would allow up to $7,000 of Roth IRA funds to be rolled into 401(k)s, providing greater flexibility and clarity for retirement savers.
- Market Participation Status: Currently, about 21,400 401(k) plans are enrolled in the network, representing 6.5 million participants, and once all participants fully implement auto-portability, it will account for 63% of the market, aiding in the simplification of retirement savings management.
See More
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- Hiring and Retention Focus: With 92% of employers either maintaining or increasing staffing between October and December 2025, including 47% who are hiring more, businesses are in a 'low-hire, low-fire' equilibrium, emphasizing the retention of specialized talent to meet future market demands.
- Technology Modernization Priority: A significant 81% of businesses plan technology upgrades in 2026, with 54% focusing on software and 45% on AI, while 42% of employers expect to borrow funds to support these investments, indicating a strong urgency to enhance operational efficiency.
- Realistic Borrowing Environment: While interest rates remain a concern, businesses show a willingness to invest in key initiatives even at rates as high as 12%, suggesting that urgency in growth strategies outweighs the cost of borrowing, reflecting a proactive approach to future development.
See More
