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Jun 30, 2020
Principal Financial Q2 2020 Earnings Report
Principal Financial reported strong Q2 2020 results, driven by proactive management decisions in response to COVID-19 and a focus on expense management.
Key Takeaways
Principal Financial Group reported non-GAAP operating earnings of $403 million and $6 billion of positive net cash flow in Q2 2020. The company emphasized its strong financial position and commitment to delivering long-term shareholder value through organic growth and capital deployment.
Swift and proactive management decisions early on in response to COVID-19 have put our employees and our business in a favorable position.
The company reported non-GAAP operating earnings of $403 million.
Principal delivered $6 billion of positive net cash flow.
The company continues to deliver outstanding investment performance across a wide array of investment options and platforms.
Principal Financial
Principal Financial
Forward Guidance
The company is confident in its team, strategy, and financial foundation to navigate challenges and opportunities, meeting the needs of its customers.