Here's What to Expect From Prudential Financial's Next Earnings Report

With a market cap. of $40.8 billion, Prudential Financial, Inc. (PRU) is a global financial services company and active investment manager with approximately $1.6 trillion in assets under management as of June 30, 2026, operating across the United States, Asia, Europe, and Latin America. The company provides investment, insurance, and retirement solutions to expand financial security and opportunity, backed by more than 150 years of expertise and a longstanding reputation for strength and stability.

The Newark, New Jersey-based is set to announce its fiscal Q3 2026 results after the market closes on Tuesday, Nov. 3. Ahead of this event, analysts expect the company to report an after-tax adjusted operating income of $3.47 per share, down 18.5% from $4.26 per share in the year-ago quarter. It has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. 

For fiscal 2026, analysts project the financial services company to post an after-tax adjusted operating income of $14.20, a decline of 1.6% from $14.43 in fiscal 2025. However, after-tax adjusted operating income is expected to rise 1.8% year-over-year to $14.45 in fiscal 2027.

Shares of Prudential Financial have increased 15.8% over the past 52 weeks, outpacing both the S&P 500 Index's ($SPX) 14.4% gain and the State Street Financial Select Sector SPDR ETF’s (XLF) 8.1% return over the same period.

Prudential Financial reported stronger Q2 2026 results on Aug. 4, with after-tax adjusted operating income increasing to $4.08 per share, driven by gains in its investment management and individual life insurance businesses. Its PGIM unit’s adjusted operating income climbed to $294 million and individual life adjusted operating income more than doubled to $176 million. Assets under management also grew to $1.64 trillion from $1.58 trillion, supported by strong investment performance, platform integration, distribution investments, and product diversification.

Analysts' consensus view on PRU stock is cautious, with an overall "Hold" rating. Among 19 analysts covering the stock, 15 recommend "Hold," one suggests "Moderate Sell," and three indicate “Strong Sell.” As of writing, the stock is trading above the average analyst price target of $111.13.