Prudential Financial, Inc. Announces Second Quarter 2020 Results

Go back to Prudential Financial, Inc. Announces Second Quarter 2020 Results

Prudential Financial (PRU) Tops Q2 EPS by 14c

August 4, 2020 4:25 PM EDT

Prudential Financial (NYSE: PRU) reported Q2 EPS of $1.85, $0.14 better than the analyst estimate of $1.71.

Net loss attributable to Prudential Financial, Inc. of $2.409 billion or $6.12 per Common share versus net income of $708 million or $1.71 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 $84 million or $0.21 per Common share versus $32 million or $0.08 per share in the year-ago quarter.After-tax adjusted operating income of $742 million or $1.85 per Common share versus $1.262 billion or $3.03 per share for the year-ago... More