07.11.2018 22:30:34

Prudential Financial Q3 adjusted earnings Miss Estimates

(RTTNews) - Prudential Financial (PRU) reported a profit for third quarter that fell from the same period last year.

The company's profit totaled $1.67 billion, or $3.90 per share. This compares with $2.24 billion, or $5.09 per share, in last year's third quarter.

Excluding items, Prudential Financial reported adjusted earnings of $1.34 billion or $3.15 per share for the period.

Analysts had expected the company to earn $3.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Prudential Financial earnings at a glance:

-Earnings (Q3): $1.34 Bln. vs. $1.32 Bln. last year. -EPS (Q3): $3.15 vs. $3.01 last year. -Analysts Estimate: $3.16

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