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Prudential CFO corrects interest rate remark: 20 cents, not 20% EPS impact
PRUDENTIAL FINANCIAL INC
- During Q&A on Q1 2025 earnings call, CFO Yanela Frias misspoke on interest rate sensitivity.
- Corrected statement: a 50 bp interest rate decline would reduce EPS by ~20 cents, not 20%.
- Full corrected transcript will be posted on Prudential's Investor Relations website.