Principal Financial Group, Inc. (PFG) earnings on July 27, 2026

After the market closes Q2 2026

More Principal Financial Group, Inc. earnings

Prior outlook: Pessimistic Outcome: Partial

Principal Financial Group rose despite short sellers pushing it down early, ending the day up 2.5%. The stock climbed as much as 3.2% after initially falling 1.5%.

PFG price around the earnings

114.09

Change: +2.5%

2026-07-28, 20:00 UTC

Start of the measured window End of the measured window
107.87 110.18 112.49 114.80 111.29
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)No trading (market closed)
July 27, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Partial

Thesis published
Results released

Pre-release: Analysts maintain hold ratings with implied downside, following a consistent negative price trajectory.

Context analyzed before publication

Trend
Consistent negative trajectory from -20.8 to -45.0, currently -30.4 - sustained caution

Analysts

Evidence

Analyst consensus
Hold
Consensus average (1-5)
3
Analysts covering the stock
12
Average price target
106.42
Lowest price target
92
Highest price target
125
Upside to price target
-4.3%
Quarterly earnings growth
782.7%
Revenue growth
-4.5%
Forward EPS
10.31
Trailing EPS
6.97
Analyst moves in the last 60 days
10
  • Strong buy: 2
  • Buy: 0
  • Hold: 8
  • Sell: 0
  • Strong sell: 2
Strong buy
2
Buy
0
Hold
8
Sell
0
Strong sell
2
  • July 22, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
  • July 21, 2026 · JP Morgan: Maintains rating (Neutral → Neutral)
  • July 13, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
  • July 13, 2026 · Keefe, Bruyette & Woods: Maintains rating (Market Perform → Market Perform)
  • July 10, 2026 · Jefferies: Maintains rating (Hold → Hold)
  • July 9, 2026 · Wells Fargo: Maintains rating (Equal-Weight → Equal-Weight)
  • July 7, 2026 · Barclays: Maintains rating (Underweight → Underweight)
  • July 6, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
  • June 24, 2026 · Piper Sandler: Maintains rating (Overweight → Overweight)
  • June 24, 2026 · B of A Securities: Downgrades rating (Neutral → Underperform)

News and sentiment

Evidence

Sentiment
Sentiment
Neutral
Mention volume
Low
Normalized volume
33%
News
Sources (9)

Technicals

Evidence

Average true range (ATR)
2.1%
Distance to 52-week high
-2.4%
14-day change (14d)
-2.5%
30-day change (30d)
+2.5%
30-day relative strength
+1.8%
SPY change (30d)
+0.8%
Nearest support
108.6
Nearest resistance
109.51
Volume accumulation ratio (14d / 46d)
1.9

Trends

Evidence

Average earnings surprise
+1.6%
  • April 23, 2026: actual EPS 2.07 vs estimate 2.01 (surprise +2.9%)
  • February 9, 2026: actual EPS 2.19 vs estimate 2.22 (surprise -1.6%)
  • October 27, 2025: actual EPS 2.1 vs estimate 2.2 (surprise -4.5%)
  • July 28, 2025: actual EPS 2.16 vs estimate 1.97 (surprise +9.6%)

Expected move

Implied move
+1.7%
Source
Options chain

Reactions over its last 20 earnings

Median move
2.7%
75th percentile move
4.4%
90th percentile move
6.7%
Up / down moves
8 / 12
Average up move
+3.5%
Average down move
-2.6%

Monitoring and close

What Principal Financial Group, Inc. reported

Status
Finished
Actual EPS2.5
EPS estimate2.34
EPS surprise+6.8%
Revenue$3,905 million
Revenue estimate$4,109 million
Revenue surprise-5.0%

Principal Financial beat Q2 earnings estimates with revenue growth and margin expansion, but faces concentrated investment outflows.

Sources (14)

Pre-market second reading after the results

Verdict
Mixed results

Heading into the open, the figures don't clearly confirm the prior scenario.

How the stock reacted

Outcome
Partial
Consolidated
+2.5%
Max favorable move (MFE)
1.5%
Max adverse move (MAE)
3.2%