secwatch.observer — SEC 8-K summary
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Issuer:     PRUDENTIAL FINANCIAL INC (PRU)
CIK:        0001137774
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001137774-23-000114
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prudential reports Q3 net loss of $802M; adj op income rises to $1.27B
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- Net loss $802M ($2.23/sh) vs net loss $92M ($0.26/sh) YoY; after-tax adjusted op income $1.266B ($3.44/sh) vs $896M ($2.37/sh).
- Book value per share fell to $70.82 from $82.83; parent liquid assets $4.3B (down from $5.1B).
- U.S. Businesses AOI $1.088B (up from $615M); International $811M (up from $748M); PGIM $211M (down from $219M).
- Capital returned $711M in Q3 ($250M buybacks, $461M dividends); dividend $1.25/sh.
- Launched Prismic, a life/annuity reinsurance company, to drive future growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137774/000113777423000114/0001137774-23-000114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137774/000113777423000114/pru-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001137774-23-000114

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