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UPDATE: Prudential Financial Q2 Profit Surges 182%

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Prudential Financial (NYSE: PRU) reported a rise in its second-quarter profit.

Prudential Financial's quarterly profit surged to $2.2 billion, or $4.64 per share, versus $779 million, or $1.58 per share, in the year-earlier period. Its revenue climbed around 13% to $11.41 billion versus $10.1 billion.

Analysts were expecting earnings of $1.54 per share.

Prudential Financial shares closed at $47.58 yesterday.

Posted-In: profitEarnings News

 

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