Prudential Financial Q2 2024 Adj. EPS $3.39 Misses $3.45 Estimate
Portfolio Pulse from Benzinga Newsdesk
Prudential Financial reported Q2 2024 adjusted earnings per share (EPS) of $3.39, missing the analyst consensus estimate of $3.45 by 1.74%.
August 01, 2024 | 8:21 pm
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NEGATIVE IMPACT
Prudential Financial's Q2 2024 adjusted EPS of $3.39 missed the analyst consensus estimate of $3.45 by 1.74%. This miss could lead to a short-term negative impact on the stock price as it indicates the company did not meet market expectations.
The earnings miss, although slight, indicates that Prudential Financial did not meet market expectations. This could lead to a short-term decline in the stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100