earnings
confidence medium
sentiment negative
materiality 0.65
Prudential warns Q1 alternative investment income $85-105M below expectations; AUM $1.39T
PRUDENTIAL FINANCIAL INC
2025-Q1 EPS reported
$1.96
revenue$13,470,000,000
- PGIM AUM $1.39T as of March 31, 2025; Q1 other related revenues net approx $20M adjusted operating income.
- General Account alternative investment income estimated $85-105M below near-term expectations for Q1.
- International Businesses resegmented to single reporting segment effective Q1 2025, no impact on prior results.
- Expense allocation update: FY2025 AOI impact -$50M Inst. Retirement, -$20M Individual Life, -$20M Int'l Biz, +$90M Corp & Other; Corp & Other loss now ~$1.7B.
- Full Q1 earnings release scheduled for April 30, 2025.