Prudential Financial Reports 8% Rise In Q3 Profit

(RTTNews) - Prudential Financial (PRU) reported earnings for its third quarter that rose from last year.

The company said its bottom line came in at $1.11 billion, or $2.40 per share. This was higher than $1.03 billion, or $2.20 per share, in last year's third quarter.

Analysts had expected the company to earn $2.42 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.9% to $11.08 million. This was down from $11.77 million last year.

Prudential Financial earnings at a glance:

-Earnings (Q3): $1.11 Bln. vs. $1.03 Bln. last year. -Earnings Growth (Y-o-Y): 7.8% -EPS (Q3): $2.40 vs. $2.20 last year. -EPS Growth (Y-o-Y): 9.1% -Analysts Estimate: $2.42 -Revenue (Q3): $11.08 Mln vs. $11.77 Mln last year. -Revenue Change (Y-o-Y): -5.9%