Prudential (PRU) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates (Revised)

Core Insights - Prudential reported $13.01 billion in revenue for Q4 2024, a year-over-year increase of 1.1%, but fell short of the Zacks Consensus Estimate of $14.15 billion by 8.08% [1] - The company's EPS for the quarter was $2.96, compared to $2.54 a year ago, but also missed the consensus estimate of $3.28 by 9.76% [1] Financial Performance Metrics - Assets Under Management and Administration (PGIM) totaled $1,375.2 billion, below the average estimate of $1,418.1 billion [4] - Institutional customer assets were reported at $620.2 billion, compared to the average estimate of $646.74 billion [4] - Retail customer assets stood at $370.9 billion, slightly above the average estimate of $368.64 billion [4] - General account assets were $384.1 billion, below the average estimate of $401.62 billion [4] - Total revenues from International Businesses were $4.28 billion, below the average estimate of $4.36 billion, representing a year-over-year decline of 2.2% [4] - U.S. Businesses generated $7.58 billion in revenue, compared to the estimated $8.61 billion, reflecting a year-over-year increase of 1.4% [4] - Adjusted Operating Income from policy charges and fee income was $1.06 billion, below the average estimate of $1.16 billion [4] - Premiums generated adjusted operating income of $5.94 billion, compared to the estimated $7.04 billion [4] - Net investment income was reported at $4.60 billion, slightly above the average estimate of $4.47 billion [4] - Total revenues from International Businesses' Life Planner segment were $2.19 billion, slightly above the average estimate of $2.16 billion, with a year-over-year decline of 2% [4] - Total revenues from U.S. Businesses' Retirement Strategies segment were $4.48 billion, below the average estimate of $5.38 billion, representing a year-over-year increase of 3.3% [4] Stock Performance - Prudential's shares returned +0.2% over the past month, while the Zacks S&P 500 composite increased by +1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]