Prudential Financial, Inc. Quarterly Earnings on Deck

S&P 500 (NYSE:SPY) component Prudential Financial, Inc. (NYSE:PRU) will unveil its latest earnings on Wednesday, August 3, 2011. Prudential Financial, Inc. offers a wide range of financial products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management and real estate services.

Prudential Financial, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.55 per share, a rise of 2.6% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.59. Between one and three months ago, the average estimate moved down and dropped from $1.56 during the last month. For the year, analysts are projecting net income of $6.67 per share, a rise of 6.4% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 21 cents, reporting profit of $1.69 per share against a mean estimate of net income of $1.48 per share.

Get more Earnings Cheat Sheets with our in depth coverage of earnings season >>

Wall St. Revenue Expectations: On average, analysts predict $9.62 billion in revenue this quarter, a rise of 10.1% from the year ago quarter. Analysts are forecasting total revenue of $38.83 billion for the year, a rise of 25.3% from last year’s revenue of $30.98 billion.

Analyst Ratings: Analysts are bullish on this stock with 17 analysts rating it as a buy, none rating it as a sell and three rating it as a hold.

Key Stats:

The company has now seen net income fall in each of the last two quarters. In the first quarter, net income fell 12.8% from the year earlier quarter, while the figure dropped 90.5% in the fourth quarter of the last fiscal year.

Over the last four quarters, revenue has increased 19.9% on average year over year. The biggest increase came in the second quarter of the last fiscal year, when revenue rose 60.1% from the year earlier quarter.

Competitors to Watch: MetLife, Inc. (NYSE:MET), ING Groep N.V. (NYSE:ING), Prudential Public Ltd. Co. (NYSE:PUK), Torchmark Corporation (NYSE:TMK), Lincoln National Corp. (NYSE:LNC), Bank of America (NYSE:BAC), Citigroup (NYSE:C), JP Morgan (NYSE:JPM), Wells Fargo (NYSE:WFC), StanCorp Financial Group, Inc. (NYSE:SFG), Delphi Financial Group, Inc. (NYSE:DFG), Primerica, Inc. (NYSE:PRI), AFLAC Incorporated (NYSE:AFL), and CNO Financial Group, Inc. (NYSE:CNO).

Stock Price Performance: During May 3, 2011 to August 2, 2011, the stock price had fallen $6.53 (-10%) from $63.18 to $56.65. The stock price saw one of its best stretches over the last year between December 14, 2010 and December 22, 2010 when shares rose for seven-straight days, rising 6.4% (+$3.62) over that span. It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight-straight days, falling 8.4% (-$5.48) over that span. Shares are down $2.06 (-3.51%) year to date.

(Source: Xignite Financials)

Get more Earnings Cheat Sheets with our in depth coverage of earnings season >>