💨 Abstract
Principal Financial Group Inc. reported a net income of $48.1 million for the first quarter, resulting in 21 cents per share. Adjusted earnings were $1.81 per share, but missed the Wall Street expectation of $1.85 per share. The company's revenue was $3.7 billion, with adjusted revenue at $4.01 billion, beating forecasts.
Courtesy: wtop.com
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