Prudential Financial Reports Strong Q3 2024 Turnaround
Company Announcements

Prudential Financial Reports Strong Q3 2024 Turnaround

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 reports Q3 adjusted EPS $3.48, consensus $3.48
Jason CarrPRU Earnings Report this Week: Is It a Buy, Ahead of Earnings?
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