Prudential swings to profit, but revenue dips
November 7, 2013 by Christina Rexrode
Prudential Financial Inc. [s:pru] swung to a third-quarter profit. Net income for the financial services business was $981 million, or $2.07 a share, compared to a net loss of $627 million, or $1.34 a share, a year earlier. Revenue fell 18 percent to $10.8 billion, from $13.2 billion a year earlier, the insurance company said Wednesday.
Originally Posted at LifeHealthPro on November 6, 2013 by Christina Rexrode.
Categories: Industry Articles
