Core Insights - Prudential Financial, Inc. is a leading global financial services company with a market cap of $35.4 billion, offering a variety of insurance, investment management, and retirement-related products and services across multiple regions [1] Earnings Expectations - Prudential is expected to report Q3 earnings of $3.60 per share, reflecting a 3.5% increase from $3.48 per share in the same quarter last year [2] - For fiscal 2025, analysts project an EPS of $13.77, up 9.1% from $12.62 in fiscal 2024, with further growth expected in fiscal 2026 to $14.77 per share, representing a 7.3% annual increase [3] Stock Performance - Over the past 52 weeks, Prudential's stock has declined by 21.2%, underperforming the S&P 500 Index's 14.1% returns and the Financial Select Sector SPDR Fund's 9.6% increase [4] - The stock's poor performance is attributed to high interest rates, reduced investment spreads, and foreign exchange pressures affecting international operations [5] Analyst Ratings - Prudential holds a consensus "Hold" rating, with 19 analysts covering the stock; only two recommend "Strong Buy," while 15 suggest "Hold" and two advocate for "Strong Sell" [7] - Recent cautious outlooks from major Wall Street firms have contributed to a decline in investor confidence, with price targets set at $117 and $110 [6]
Prudential Financial Earnings Preview: What to Expect