Prudential Financial (NYSE:PRU) reported third quarter earnings that missed analyst's expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $3.15 on revenue of $13.6B. Analysts polled by forecast EPS of $3.16 on revenue of $13.58B. That compared to EPS of $3.01 on revenue of $16.34B in the same period a year earlier. The company had reported EPS of $3.01 on revenue of $13.04B in the previous quarter.
For the year, Prudential (LON:PRU) Financial shares are down 12.43%, under-performing the S&P 500 which is up 4.85% year to date.
Prudential Financial follows other major Financial sector earnings this month
On Saturday, Berkshire Hathaway reported third quarter EPS of $4185.62 on revenue of $78.14B, compared to forecasts of EPS of $3824.27 on revenue of $63.57B.
JPMorgan earnings beat analyst's expectations on October 12, with third quarter EPS of $2.34 on revenue of $27.82B. analysts expected EPS of $2.26 on revenue of $27.44B
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