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Article: Principal Financial Group, Inc. Reports Third Quarter 2009 Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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Principal Financial Group, Inc. (NYSE: PFG) announced net income available to common stockholders for the three months ended September 30, 2009, of $184.7 million, or $0.57 per diluted share compared to $90.1 million, or $0.35 per diluted share for the three months ended September 30, 2008. The company reported operating earnings of $238.7 million for third quarter 2009, compared to $251.2 million for third quarter 2008. Operating earnings per diluted share (EPS) for third quarter 2009 were $0.74 compared to $0.96 for the same period in 2008.1 The decline in operating earnings from a year ago reflects a number of items, including lower average assets under management ...