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Principal Financial Group Inc. Q1 adjusted earnings Beat Estimates

Principal Financial Group Inc. (PFG) revealed a profit for its first quarter that climbed from last year.

The company's bottom line totaled $429.9 million, or $1.53 per share. This compares with $397.1 M, or $1.36 per share, in last year's first quarter.

Excluding items, Principal Financial Group Inc. reported adjusted earnings of $400.3 million or $1.43 per share for the period.

Analysts had expected the company to earn $1.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Principal Financial Group Inc. earnings at a glance:

-Earnings (Q1): $400.3 Mln. vs. $408.8 Mln. last year.
-EPS (Q1): $1.43 vs. $1.40 last year.
-Analysts Estimate: $1.31

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