Principal Financial Group Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Principal Financial Group Inc. (PFG) announced a profit for its third quarter that climbed from the same period last year.

The company's profit totaled $359.9 million, or $1.32 per share. This compares with $236.0 million, or $0.85 per share, in last year's third quarter.

Excluding items, Principal Financial Group Inc. reported adjusted earnings of $458.4 million or $1.69 per share for the period.

Analysts had expected the company to earn $1.60 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Principal Financial Group Inc. earnings at a glance:

-Earnings (Q3): $458.4 Mln. vs. $234.5 Mln. last year. -EPS (Q3): $1.69 vs. $0.85 last year. -Analysts Estimate: $1.60