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Principal Financial Group Inc. Q3 adjusted earnings Inline With Estimates

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

The company's bottom line totaled $456.3 million, or $1.59 per share. This compares with $810.2 million, or $2.76 per share, in last year's third quarter.

Excluding items, Principal Financial Group Inc. reported adjusted earnings of $481.2 million or $1.67 per share for the period.

Analysts had expected the company to earn $1.67 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): $481.2 Mln. vs. $373.7 Mln. last year.
-EPS (Q3): $1.67 vs. $1.28 last year.
-Analysts Estimate: $1.67

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