Prudential Financial Posts Q2 Loss - Quick Facts

(RTTNews) - Prudential Financial, Inc. (PRU) Wednesday reported second-quarter loss of $524 million or $1.13 per share, compared to a profit of $2.23 billion or $1.13 per share in the same period last year.

Adjusted operating income for the quarter was $2.17 billion or $4.59 per share. On average, 21 analysts polled by Thomson Reuters expected the company to earn $1.99 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved to $11.72 billion from $11.23 billion last year. Analysts expected revenues of $12.20 billion.

Assets under management amounted to $1.044 trillion, compared to $1.060 trillion last year. Book value for Financial Services Businesses totaled $33.7 billion or $71.93 per share, compared to $37.1 billion or $79.19 per share last year.