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Principal Financial sees FY23 adjusted EPS growth 3%-6%, consensus $6.98

Macroeconomic headwinds in 2022, which impacted assets under management and account values, are pressuring expected EPS growth in 2023. Long-term enterprise financial targets include: 9-12% annual EPS growth; 14-16% ROE; 75-85% free capital flow conversion, including 40% dividend payout ratio.

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Published first on TheFly

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