Prudential Financial, Inc. announces second quarter 2016 results

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Prudential Financial (PRU) Misses Q2 EPS by 67c, Approves $500M Buyback

August 3, 2016 5:13 PM EDT

Prudential Financial (NYSE: PRU) reported Q2 EPS of $1.84, $0.67 worse than the analyst estimate of $2.51.

Prudentials Board of Directors authorized a $500 million increase to the existing share repurchase authorization for calendar year 2016, bringing the remaining authorization for repurchases at managements discretion from July 1 through... More