Prudential revises AOI down $115M for 9M 2024; PGIM AUM $1.38T at year-end

PRUDENTIAL FINANCIAL INC

Revised after-tax adjusted operating income down $115M ($0.31/share) for nine months ended Sep 30, 2024 due to error in indexed variable and fixed annuity products.
Preliminary PGIM assets under management as of Dec 31, 2024: $1.38 trillion.
Q4 2024 alternative investment income of General Account estimated $10-30M above near-term expectations.
PGIM other related revenues, net of expenses for Q4 2024: approx $65 million.
Revision had no impact on GAAP net income, book value, or statutory results.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.