Prudential annuities, retirement solutions earnings dip in Q2

August 4, 2016 by Lifehealthpro Editors

Prudential Financial’s earnings dipped by 52 percent in the second quarter compared to the year-ago period, the company disclosed in its latest earnings statement.

Prudential reported net income of $921 million ($2.04 per common share) for the second quarter of 2016, compared to $1.406 billion ($3.03 per common share) for the year-ago quarter. After-tax adjusted operating income was $829 million ($1.84 per common share) for the second quarter of 2016, compared to $1.350 billion ($2.91 per common share) for the year-ago quarter.
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Originally Posted at LifeHealthPro on August 4, 2016 by Lifehealthpro Editors.