Investing.com - Prudential Financial (NYSE:PRU) reported first quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $3 on revenue of $13.46B. Analysts polled by Investing.com expected EPS of $3.15 on revenue of $13.76B. That compared to EPS of $3.08 on revenue of $12.88B in the same period a year earlier. The company had reported EPS of $2.44 on revenue of $17.78B in the previous quarter.
For the year, Prudential (LON:PRU) Financial shares are up 28.26%, outperforming the S&P 500 which is up 18.04% year to date.
Prudential Financial follows other major Financial sector earnings this month
On Friday, April 12, 2019, JPMorgan reported first quarter EPS of $2.65 on revenue of $29.85B, compared to forecasts of EPS of $2.35 on revenue of $28.44B.
Bank of America earnings beat analyst's expectations on Tuesday, April 16, 2019, with first quarter EPS of $0.7 on revenue of $23B. Investing.com analysts expected EPS of $0.66 on revenue of $23.16B
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