Investing.com - Prudential Financial (NYSE:PRU) reported fourth quarter earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $2.44 on revenue of $13.87B. Analysts polled by Investing.com forecast EPS of $2.78 on revenue of $13.78B. That compared to EPS of $2.69 on revenue of $16.41B in the same period a year earlier. The company had reported EPS of $3.15 on revenue of $14.43B in the previous quarter.
For the year, Prudential (LON:PRU) Financial shares are up 14.54%, outperforming the S&P 500 which is up 10.28% year to date.
Prudential Financial follows other major Financial sector earnings this month
On Tuesday, January 15, 2019, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.84B.
Wells Fargo&Co earnings beat analyst's expectations on Tuesday, January 15, 2019, with fourth quarter EPS of $1.21 on revenue of $20.98B. Investing.com analysts expected EPS of $1.19 on revenue of $21.74B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar