Prudential Financial Inc reports results for the quarter ended June 30 - Earnings Summary
Prudential Financial Inc reports results for the quarter ended June 30 - Earnings Summary
Prudential Financial Inc PRU.N reported quarterly adjusted earnings of $4.08 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $3.58. The mean expectation of eighteen analysts for the quarter was for earnings of $3.53 per share. Wall Street expected results to range from $3.30 to $3.65 per share.
Revenue rose 4.8% to $14.16 billion from a year ago; analysts expected $14.38 billion.
Prudential Financial Inc's reported EPS for the quarter was $2.80.
The company reported quarterly net income of $973 million.
Prudential Financial Inc shares had risen by 13.9% this quarter and gained 8.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 6.1% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 16 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the life & health insurance peer group is "buy."
Wall Street's median 12-month price target for Prudential Financial Inc is $109.00, about 12.8% below its last closing price of $122.98
This summary was machine generated from LSEG data August 4 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 3.53 | 4.08 | Beat |
Mar. 31 2026 | 3.10 | 3.61 | Beat |
Dec. 31 2025 | 3.37 | 3.30 | Missed |
Sep. 30 2025 | 3.70 | 4.26 | Beat |
Recent news on Prudential Financial
See all newsDeals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Prudential sheds Brazil, Mexico units to CNP for $4 billion as it narrows its focus (updated)
Brief: Prudential Financial Announces Sale Of Prudential Of Brazil And Prudential Of Mexico To CNP Assurances
Prudential Financial to sell Brazil, Mexico units for $4 billion