earnings
confidence high
sentiment positive
materiality 0.85
Prudential reports Q4 net income $1.32B vs loss $52M YoY; FY23 AOI $4.29B, dividend raised 4%
PRUDENTIAL FINANCIAL INC
2023-FY EPS reported
$6.74
revenue$53,979,000,000
- Q4 2023 net income $1.317B ($3.61/sh) vs net loss $52M ($0.16/sh) in Q4 2022.
- FY 2023 after-tax adjusted operating income $4.286B ($11.62/sh), up from $3.914B ($10.31/sh) in FY 2022.
- Quarterly dividend increased 4% to $1.30/share; 16th consecutive annual dividend increase.
- Board authorized $1.0B share repurchase for 2024; Q4 returned $708M to shareholders.
- PGIM AUM $1.298T (+6% YoY); U.S. Businesses AOI $988M vs $710M; International AOI $748M vs $814M.