Prudential Financial (PRU) Tops Q2 EPS by 14c

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Prudential Financial, Inc. Announces Second Quarter 2020 Results

August 4, 2020 4:18 PM EDT

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 quarter(1). The current quarter included a net after-tax charge from our annual reviews and update of assumptions and other... More