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PRUDENTIAL FINANCIAL, INC.

(PRU)
  Report
Delayed Nyse  -  04:00:01 2023-03-24 pm EDT
77.58 USD   +0.45%
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Prudential Financial reports drop in fourth-quarter profit

02/07/2023 | 04:29pm EDT

(Reuters) - Prudential Financial Inc reported a drop in fourth-quarter profit on Tuesday as a global market rout pressured the life and health insurer's assets under management.

The insurer's after-tax adjusted operating income was $907 million, or $2.42 per share, in the three months ended Dec. 31, compared with $1.23 billion, or $3.18 per share, a year earlier.

(Reporting by Manya Saini in Bengaluru; Editing by Krishna Chandra Eluri)


© Reuters 2023
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Financials (USD)
Sales 2023 52 765 M - -
Net income 2023 4 544 M - -
Net Debt 2023 11 589 M - -
P/E ratio 2023 6,36x
Yield 2023 6,48%
Capitalization 28 470 M 28 470 M -
EV / Sales 2023 0,76x
EV / Sales 2024 0,74x
Nbr of Employees 39 583
Free-Float 54,9%
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Mean consensus HOLD
Number of Analysts 17
Last Close Price 77,58 $
Average target price 100,93 $
Spread / Average Target 30,1%
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Managers and Directors
Charlie F. Lowrey Chairman, President & Chief Executive Officer
Kenneth Yutaka Tanji Chief Financial Officer & Executive Vice President
Stacey Goodman Chief Information Officer & Executive VP
Timothy Lee Schmidt Head-Global Portfolio Management
Karl J. Krapek Independent Director
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