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Aditya Sarawgi

What You Need To Know Ahead of Prudential Financial's Earnings Release

PRU Prudential Prudential Financial

New Jersey-based Prudential Financial, Inc. (PRU) provides insurance, investment management, and other financial products and services worldwide. With a market cap of $36.2 billion, Prudential operates through PGIM, Retirement Strategies, Group Insurance, Individual Life, and International Businesses segments.

The insurance giant is expected to release its Q2 earnings after the market closes on Wednesday, Jul. 30. Ahead of the event, analysts expect Prudential to report a profit of $3.24 per share, down 4.4% from $3.39 per share reported in the year-ago quarter. The company has missed Wall Street’s adjusted EPS projections twice over the past four quarters while exceeding the estimates on two other occasions.

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