earnings
confidence high
sentiment neutral
materiality 0.70
Prudential Q3 net income $448M ($1.24 EPS); adjusted op income $1.26B ($3.48 EPS)
PRUDENTIAL FINANCIAL INC
2024-Q3 EPS reported
$7.64
revenue$57,882,000,000
- Net income of $448M ($1.24/sh) vs net loss of $802M ($2.23/sh) in Q3 2023.
- After-tax adjusted operating income $1.260B ($3.48/sh), down from $1.332B ($3.62/sh) YoY.
- Book value per share $84.47, up from $70.82; adjusted book value $98.71, up from $94.19 YoY.
- Returned $721M to shareholders ($250M buybacks + $471M dividends) vs $711M YoY.
- Institutional Retirement Strategies Q3 sales $11B (incl $6.3B PRT); YTD sales up 84% vs prior YTD.