tiprankstipranks
Prudential Financial Reports Strong Q3 2024 Turnaround
Company Announcements

Prudential Financial Reports Strong Q3 2024 Turnaround

Don't Miss our Black Friday Offers:

An announcement from Prudential Financial ( (PRU) ) is now available.

Prudential Financial, Inc. reported a notable turnaround in the third quarter of 2024, with a net income of $448 million compared to a loss of $802 million in the same period last year. The company’s strong performance was driven by robust sales in U.S. and international insurance and retirement sectors, coupled with significant investment gains. Assets under management rose to $1.558 trillion, reflecting market appreciation and business growth. Despite a slight dip in adjusted operating income, Prudential remains committed to long-term growth and value delivery through strategic business shifts and diversified product offerings.

Find detailed analytics on PRU stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyPrudential price target raised to $140 from $130 at Argus
TheFlyLPL Financial and Prudential launch strategic relationship and integration
TheFlyAmerican upgraded, Regeneron initiated: Wall Street’s top analyst calls
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App