Prudential Financial (PRU) Misses Q2 EPS by 61c

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Prudential Financial, Inc. Announces Second Quarter 2017 Results

August 2, 2017 4:12 PM EDT

Net income attributable to Prudential Financial of $491 million or $1.12 per Common share versus $921 million or $2.04 per share for year-ago quarter. After-tax adjusted operating income of $919 million or $2.09 per Common share versus $829 million or $1.84 per share for year-ago quarter. Significant items in 2Q17, reflecting an annual review of actuarial assumptions and other refinements and the impact of market performance on Annuities, resulted in a net charge to net income of 65 cents per Common share for ongoing businesses and a net charge to adjusted operating income of 84 cents per Common share, as... More