Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Prudential Financial    PRU

PRUDENTIAL FINANCIAL (PRU)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Prudential Financial Inc : Prudential Gives Slightly Cautious Earnings View for Next Year

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/07/2013 | 05:17pm CEST
   By Tess Stynes 
 

Prudential Financial Inc. (PRU) provided a slightly cautious earnings projection for next year ahead of its conference call Thursday to discuss its third-quarter earnings report.

Prudential forecast in a regulatory filing per-share earnings of $8.75 to $9.25 for the coming year, while analysts polled by Thomson Reuters most recently expected per-share profit of $9.09.

The insurer reported late Wednesday swinging to a profit in the latest quarter, as the company benefited from fewer net investment losses and other items.

The insurer recently ended its challenge to federal regulator's efforts to place it under increased oversight. Prudential had fought a decision earlier this year by the Financial Stability Oversight Council designating the company as a nonbank "systemically important financial institution," arguing the company doesn't pose a risk to the financial system.

The "SIFI" designation is an outgrowth of the 2010 Dodd-Frank financial-crisis law. The label brings Prudential under the oversight of the Federal Reserve and could force the Newark, N.J., insurer to keep significantly more capital on hand, among other things. Prudential has said it plans to continue to work with the Fed and other regulators to develop a package of oversight rules that "take into account the differences between insurance companies and banks." U.S.insurers historically have been regulated by state insurance departments.

The company is expected to provide more details about its third-quarter financial results and its 2014 guidance during a conference call set for Thursday at 11 a.m. New York time.

Shares were at $85 recently, up 3.9%. The stock has risen 59% this year.

Write to Tess Stynes at [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PRUDENTIAL FINANCIAL
04/17PRUDENTIAL FINANCIAL INC : Regulation FD Disclosure (form 8-K)
AQ
04/17PRUDENTIAL FINANCIAL : Hannah Regal raising her own service dog
AQ
04/17PRUDENTIAL FINANCIAL : MOBE Adds Powerful Brands to 2018 MOBE Symposium
AQ
04/17PRUDENTIAL FINANCIAL : Ken Poliziani named PGIM’s chief marketing officer,..
BU
04/17PRUDENTIAL FINANCIAL : Jersey City renews $208 million government plan with Prud..
BU
04/16THE NEW TAX LAW : WHAT YOU NEED to know now
AQ
04/11U.S. companies found ways to avoid taxes before tax bill
RE
04/11U.S. companies found ways to avoid taxes before tax bill
RE
04/08PRUDENTIAL FINANCIAL : Local girl honored with award for her volunteer service
AQ
04/06PRUDENTIAL SHORT DURATION HIGH YIELD : Reports Unaudited Earnings and Financial ..
BU
More news
News from SeekingAlpha
04/17Why Every Investor Should Analyze Free Cash Flow 
04/16MY K.I.S.S. DIVIDEND PORTFOLIO : 1st Quarter 2018 Update 
04/11The MnM Portfolio, Mar 2018 - A Leaner And Meaner Portfolio 
04/06VALUATION DASHBOARD : Financials And Real Estate - Update 
04/05A Macro Case For Financials 
Financials ($)
Sales 2018 53 707 M
EBIT 2018 7 143 M
Net income 2018 5 105 M
Debt 2018 -
Yield 2018 3,34%
P/E ratio 2018 9,02
P/E ratio 2019 8,50
Capi. / Sales 2018 0,83x
Capi. / Sales 2019 0,79x
Capitalization 44 652 M
Chart PRUDENTIAL FINANCIAL
Duration : Period :
Prudential Financial Technical Analysis Chart | PRU | US7443201022 | 4-Traders
Technical analysis trends PRUDENTIAL FINANCIAL
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 127 $
Spread / Average Target 20%
EPS Revisions
Managers
NameTitle
John Robert Strangfeld Chairman, President & Chief Executive Officer
Charlie F. Lowrey Chief Operating Officer-International & EVP
Robert Michael Falzon Chief Financial Officer & Executive Vice President
Barbara G. Koster Chief Information Officer & Senior Vice President
K. Andrew Crighton Chief Medical Officer
Sector and Competitors
1st jan.Capitalization (M$)
PRUDENTIAL FINANCIAL-8.77%44 652
AXA-5.56%70 128
PRUDENTIAL-4.62%68 300
METLIFE-7.04%48 722
MANULIFE FINANCIAL CORP.-10.68%37 116
AFLAC2.57%35 087