Prudential Financial rises as strong PGIM performance boosts quarterly profit

Prudential Financial

05/08/2026 15:52

** Prudential Financial PRU.N shares gain 2.8% to $126.36 in morning trading
** The insurer late Tuesday posted Q2 after-tax adj. operating EPS of $4.08, up from $3.58 a year ago
** PGIM, PRU's Global investment management business, reported Q2 adj. operating income of $294 mln vs year-ago $229 mln
** Overall earnings benefited from strong expense management and favorable mortality as well as strong spread international margins - J.P.Morgan 
** 16 of 20 analysts rate stock "hold" and four "sell"; their median PT is $109 - data compiled by LSEG
** Including session's move, stock up 12.1% YTD

 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))