secwatch.observer — SEC 8-K summary
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Issuer:     PRUDENTIAL FINANCIAL INC (PRU)
CIK:        0001137774
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001137774-23-000062
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prudential Q1 net income $1.46B ($3.93 EPS); adj op income $990M down from $1.19B
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- Net income $1.462B ($3.93 per share) vs net loss $493M ($1.33) YoY; after-tax adj op income $990M ($2.66) vs $1.191B ($3.10).
- PGIM adj op income $151M vs $188M; AUM $1.27T down 10% YoY; third-party net outflows $14.0B.
- U.S. Businesses adj op income $760M vs $813M; Group Insurance swung to profit $25M from loss $115M; Individual Life loss $102M.
- International Businesses adj op income $840M vs $951M; constant currency sales +13% Life Planner, +16% Gibraltar.
- Capital returned $718M ($250M buybacks, $468M dividends) vs $837M; parent liquidity $4.6B vs $3.6B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137774/000113777423000062/0001137774-23-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137774/000113777423000062/pru-20230502.htm
  HTML page:      https://secwatch.observer/filing/0001137774-23-000062

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer