Prudential: Q3 Earnings Snapshot
By AP News
Published - Oct 30, 2024, 04:33 PM ET
Last Updated - Dec 16, 2024, 05:49 PM EST
NEWARK, N.J. (AP) — NEWARK, N.J. (AP) — Prudential Financial Inc. (PRU) on Wednesday reported third-quarter profit of $448 million.
On a per-share basis, the Newark, New Jersey-based company said it had net income of $1.24. Earnings, adjusted for non-recurring costs, came to $3.48 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.47 per share.
The financial services company posted revenue of $19.48 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $14.57 billion.
