Prudential Financial Q2 Adj EPS $2.94 Misses $3.04 Estimate, Revenues $12.64B Miss $12.68B Estimate
Portfolio Pulse from Benzinga Newsdesk
Prudential Financial's Q2 earnings per share of $2.94 missed the analyst consensus estimate of $3.04 by 3.29 percent, despite a 68.97 percent increase from the same period last year. The company's quarterly sales of $12.64 billion also fell short of the $12.68 billion estimate by 0.29 percent.
August 04, 2023 | 10:25 am
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Prudential Financial's Q2 earnings and sales missed estimates, which could negatively impact the stock price in the short term.
Prudential Financial's earnings and sales for Q2 fell short of analyst estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100