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Prudential Financial Swings To Q4 Profit

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Prudential Financial, Inc. (PRU) on Tuesday reported fourth-quarter net income attributable to the company of $905 million or $2.55 per share, compared to a net loss of $57 million or $0.17 per share for the year-ago quarter.

The current quarter included a net after-tax organizational charge of $107 million or $0.30 per share.

Fourth-quarter after-tax adjusted operating income was $1.168 billion or $3.30 per share, compared to $1.068 billion or $2.96 per share for the year-ago quarter.

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