Previous Close | 103.90 |
Open | 103.85 |
Bid | 103.55 x 10000 |
Ask | 103.95 x 10000 |
Day's Range | 103.65 - 103.85 |
52 Week Range | 71.32 - 108.65 |
Volume | |
Avg. Volume | 20 |
Market Cap | 37.25B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 16.48 |
EPS (TTM) | 6.29 |
Earnings Date | May 01, 2024 |
Forward Dividend & Yield | 4.75 (4.58%) |
Ex-Dividend Date | Feb 16, 2024 |
1y Target Est | 105.64 |
Overview of Prudential Financial's First Quarter Financial Performance
Prudential Financial first-quarter profit rose more than 13% on Tuesday, driven by robust performance in the insurer's U.S. unit. The Newark, New Jersey-based company's after-tax adjusted operating income rose to $1.14 billion, or $3.12 per share, in the three months ended March 31, from $1 billion, or $2.70 per share, a year earlier. The company's U.S. businesses, which consist of its retirement strategies, group insurance and individual life businesses, posted an adjusted operating income of $839 million in the quarter, up from $760 million last year, driven by higher net investment spread and strong underwriting.
NEWARK, N.J., April 30, 2024--Prudential Financial, Inc. (NYSE: PRU) today reported first quarter results. Net income attributable to Prudential Financial, Inc. was $1.138 billion ($3.12 per Common share) for the first quarter of 2024, compared to $1.462 billion ($3.93 per Common share) for the first quarter of 2023. After-tax adjusted operating income was $1.141 billion ($3.12 per Common share) for the first quarter of 2024, compared to $1.004 billion ($2.70 per Common share) for the first quar