Benzinga | Nov 3, 2020 04:37PM EST

Prudential Financial: Q3 Earnings Insights

Shares of Prudential Financial (NYSE:PRU) moved higher by 1.06% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 0.31% year over year to $3.21, which beat the estimate of $2.72.

Revenue of $13,336,000,000 rose by 3.16% from the same period last year, which missed the estimate of $13,680,000,000.

Looking Ahead

Prudential Financial hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Price Action

Company's 52-week high was at $97.24

52-week low: $38.62

Price action over last quarter: Up 3.05%

Company Overview

Prudential Financial is a large, diversified insurance company offering annuities, life insurance, retirement plan services, and asset management products. While it operates in a number of countries, the vast majority of revenue is generated in the United States and Japan. Prudential is the second- largest life insurance company in the U.S.