Investing.com - Prudential Financial (NYSE:PRU) reported second quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $3.14 on revenue of $13.9B. Analysts polled by Investing.com forecast EPS of $3.23 on revenue of $13.93B. That compared to EPS of $3.01 on revenue of $13.04B in the same period a year earlier. The company had reported EPS of $3 on revenue of $13.65B in the previous quarter.
For the year, Prudential (LON:PRU) Financial shares are up 20%, outperforming the FTSE MIB which is up 17.63% year to date.
Prudential Financial follows other major Financial sector earnings this month
On Tuesday, July 16, 2019, JPMorgan reported second quarter EPS of $2.82 on revenue of $29.57B, compared to forecasts of EPS of $2.5 on revenue of $28.84B.
Bank of America earnings beat analyst's expectations on Wednesday, July 17, 2019, with second quarter EPS of $0.74 on revenue of $23.08B. Investing.com analysts expected EPS of $0.71 on revenue of $23.11B
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