Principal Financial Q4 Revenue Climbs 9.2% to $4.46B, EPS $2.19
Principal Financial reported Q4 revenue of $4.46 billion, marking a 9.2% year-over-year increase and topping consensus by 8.3%, while EPS rose to $2.19 from $1.94 but missed estimates by 1.7%. International Pension AUM reached $153.9 billion, Investment Management AUM stood at $593.9 billion below the $611.1 billion forecast.
1. Q4 Financial Highlights
Principal Financial posted Q4 revenue of $4.46 billion, up 9.2% year-over-year and exceeding the $4.11 billion analyst consensus by 8.3%. EPS rose to $2.19 from $1.94 last year, a 13% increase, though it fell 1.7% short of the $2.23 forecast.
2. Assets Under Management
International Pension AUM reached $153.9 billion versus the four-analyst average of $153.6 billion. Investment Management AUM totaled $593.9 billion, below the $611.1 billion consensus estimate, reflecting market headwinds and inflow variances.
3. Segment Revenue Breakdown
Premiums and other considerations revenue jumped 15% to $2.10 billion, outpacing the $1.81 billion forecast by 16%. Net investment income of $1.20 billion and fee revenue of $1.14 billion rose 7% and 1.9% year-over-year, respectively, although both narrowly missed analyst projections.