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With a market cap of $44.7 billion, Prudential Financial, Inc. (PRU) operates in the financial services sector, offering life insurance, annuities, investment management, and retirement services to customers worldwide. The New Jersey-based company is gearing up to release its fiscal Q2 earnings results after the market closes on Thursday, Aug. 1.
Ahead of this event, analysts expect the financial services company to report a profit of $3.43 per share, up 16.7% from $2.94 per share recorded in the same quarter last year. The company has surpassed Wall Street's bottom-line estimates in one of the past four quarters while missing on three other occasions. In the most recent quarter, the company reported an EPS of $3.12, missing the consensus EPS estimate by 1.3%.
