Prudential Financial (PRU) to Release Earnings on Thursday
Prudential Financial (NYSE:PRU) is scheduled to announce its Q413 earnings results on Thursday, February 6th. Analysts expect the company to announce earnings of $2.18 per share and revenue of $11.99 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Prudential Financial (NYSE:PRU) last posted its quarterly earnings results on Thursday, November 7th. The company reported $2.94 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.10 by $0.84. The company had revenue of $10.82 billion for the quarter, compared to the consensus estimate of $12.65 billion. During the same quarter last year, the company posted $1.53 earnings per share. Prudential Financial’s revenue was down 18.3% compared to the same quarter last year. On average, analysts expect Prudential Financial to post $9.75 EPS for the current fiscal year and $9.29 EPS for the next fiscal year.
Shares of Prudential Financial (NYSE:PRU) opened at 82.52 on Wednesday. Prudential Financial has a 52-week low of $53.70 and a 52-week high of $92.68. The stock has a 50-day moving average of $88.85 and a 200-day moving average of $83.43. The company’s market cap is $38.207 billion.
A number of research firms have recently commented on PRU. Analysts at FBR Capital Markets raised their price target on shares of Prudential Financial from $95.00 to $100.00 in a research note to investors on Thursday, January 9th. They now have an “outperform” rating on the stock. On the ratings front, analysts at Barclays raised their price target on shares of Prudential Financial from $98.00 to $108.00 in a research note to investors on Tuesday, January 7th. They now have an “overweight” rating on the stock. Finally, analysts at UBS AG raised their price target on shares of Prudential Financial from $86.00 to $92.00 in a research note to investors on Monday, January 6th. They now have a “neutral” rating on the stock. Five equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Prudential Financial has a consensus rating of “Buy” and a consensus price target of $90.79.
Prudential Financial, Inc (NYSE:PRU) is a financial services company.
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