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Principal Financial Group Inc. Q2 adjusted earnings Miss Estimates

Principal Financial Group Inc. (PFG) released earnings for its second quarter that rose from last year.

The company's profit totaled $456.6 million, or $1.58 per share. This compares with $309.5 million, or $1.06 per share, in last year's second quarter.

Excluding items, Principal Financial Group Inc. reported adjusted earnings of $391.4 million or $1.35 per share for the period.

Analysts had expected the company to earn $1.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Principal Financial Group Inc. earnings at a glance:

-Earnings (Q2): $391.4 Mln. vs. $383.6 Mln. last year.
-EPS (Q2): $1.35 vs. $1.31 last year.
-Analysts Estimate: $1.37

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