Prudential Financial

Financial | Life Insurance | USA

Prudential (PRU) Lags Q1 Earnings and Revenue Estimates

Prudential (PRU) came out with quarterly earnings of $3 per share, missing the Zacks Consensus Estimate of $3.14 per share. This compares to earnings of $3.08 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -4.46%. A quarter ago, it was expected that this financial services company would post earnings of $2.88 per share when it actually produced earnings of $2.44, delivering a surprise of -15.28%.

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https://finance.yahoo.com/news/prudentia...09606.html

Prudential (PRU) Q4 Earnings Surpass Estimates, Fall Y/Y

Prudential Financial, Inc.’s PRU fourth-quarter 2019 operating net income of $2.33 per share beat the Zacks Consensus Estimate by 15.9% on the back of Prudential Global Investment Management (PGIM), U.S. Individual Solutions and U.S. Workplace Solutions segments. However, the bottom line declined 4.5% year over year.

Behind the Headlines

Total revenues of $17.4 billion were down 1.9% year over year due to lower asset management fees, commissions and other income. But the top line beat the Zacks Consensus Estimate by 18.5%.

Total benefits and expenses of $16.2 billion dipped 1.2% year over year in the quarter. This decrease in expenses was mainly attributable to lower insurance and annuity benefits.


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https://finance.yahoo.com/news/prudentia...03571.html

Und nicht zu vergessen: PRU hat seine Dividende um 10% angehoben von $4 auf $4.40. $1.10 Quartalsdividende, ex 14.2., payable 12.3.