NasdaqGS:PFGInsurance
Principal Financial Group (PFG): Margin Expansion Reinforces Bullish Value Narrative
Principal Financial Group (PFG) is forecasting robust earnings growth of 15.1% per year, supported by a recent move to profitability and strong quality in past earnings. Revenue is expected to rise at a 6.5% annual rate. However, both earnings and revenue growth are projected to trail the broader US market. While earnings have declined by 10.4% per year over the past five years, PFG’s positive turn in profit margin, along with a share price of $82.20 that sits below its internally estimated...