Prudential Financial's (PRU) CEO Charlie Lowrey on Q3 2019 Results - Earnings Call Transcript

Nov. 05, 2019 6:00 PM ETPrudential Financial, Inc. (PRU) StockPRU
SA Transcripts
153.96K Followers

Q3: 2019-11-04 Earnings Summary

EPS of $3.22 beats by $0.15
 | Revenue of $12.93B (-10.42% Y/Y) misses by $1.32B

Prudential Financial, Inc. (NYSE:PRU) Q3 2019 Earnings Conference Call November 5, 2019 11:00 AM ET

Company Participants

Darin Arita – Investor Relations
Charlie Lowrey – Chairman and Chief Executive Officer
Rob Falzon – Vice Chairman
Ken Tanji – Chief Financial Officer
Scott Sleyster – Head-International Businesses
Steve Pelletier – Head-U.S. Businesses
Andy Sullivan – Chief Executive Officer-Workplace Solutions

Conference Call Participants

Alex Scott – Goldman Sachs
Erik Bass – Autonomous Research
Suneet Kamath – Citi
Tom Gallagher – Evercore ISI
John Nadel – UBS
Humphrey Lee – Dowling & Partners
Jimmy Bhullar – JPMorgan
John Barnidge – Sandler O’Neill
Elyse Greenspan – Wells Fargo

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Prudential quarterly earnings call. [Operator Instructions] And as a reminder, today’s conference call is being recorded.

I would now like to turn the conference over to Mr. Darin Arita. Please go ahead.

Darin Arita

Thank you, Cynthia. Good morning, and thank you for joining our call. Representing Prudential on today’s call are Charlie Lowrey, Chairman and CEO; Rob Falzon, Vice Chairman; Steve Pelletier, Head of U.S. Businesses; along with Andy Sullivan, our next Head of U.S. Businesses; Scott Sleyster, Head of International Businesses; Ken Tanji, Chief Financial Officer; and Rob Axel, Controller and Principal Accounting Officer.

We will start with prepared comments by Charlie, Rob and Ken, and then we will take your questions. Today’s presentation may include forward-looking statements. It is possible that actual results may differ materially from the predictions we make today. In addition, this presentation may include references to non-GAAP measures.

For a reconciliation of such measures to the comparable GAAP measures and a discussion of factors that could cause actual results to differ materially from those in the forward-looking statements. Please see the slide titled Forward-Looking Statements and Non-GAAP

Recommended For You

About PRU Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on PRU