Prudential Financial Q2 2024 Sales $13.481B Miss $13.529B Estimate
Portfolio Pulse from Benzinga Newsdesk
Prudential Financial reported Q2 2024 sales of $13.481 billion, missing the estimated $13.529 billion.
August 01, 2024 | 8:35 pm
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NEGATIVE IMPACT
Prudential Financial reported Q2 2024 sales of $13.481 billion, which is below the estimated $13.529 billion. This miss could lead to a short-term negative impact on the stock price.
The miss in sales estimates suggests that Prudential Financial did not perform as well as analysts expected in Q2 2024. This could lead to a negative sentiment among investors, potentially causing a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100