B.Riley/FBR Downgrades Prudential Financial (PRU) to Neutral

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Go back to B.Riley/FBR Downgrades Prudential Financial (PRU) to Neutral

Prudential profit misses mark on weaker individual life, annuities units

July 31, 2019 4:43 PM EDT

(Reuters) - U.S. life insurer Prudential Financial Inc (NYSE: PRU) fell short of analyst estimates for quarterly profit on Wednesday, hurt by weakness in its U.S. individual life insurance and annuities businesses.

Prudential's U.S. individual life insurance segment reported an... More

Prudential Financial (PRU) Misses Q2 EPS by 9c

July 31, 2019 4:36 PM EDT

Prudential Financial (NYSE: PRU) reported Q2 EPS of $3.14, $0.09 worse than the analyst estimate of $3.23.

Net income attributable to Prudential Financial of $708 million or $1.71 per Common share versus $197 million or $0.46 per share for the year-ago quarter. The current quarter included a net after-tax charge from our annual reviews and update of assumptions and other refinements of $32 million or $0.08 per Common share versus $1.5 billion or $3.40 per share in the... More