Thursday, May 01, 2008

 

Prudential's Quarterly Profit Drops 92%

First-quarter net income came in at $77 million, or 20 cents per common share, versus $1.025 billion, or $2.18 per common share, in the same period a year earlier. Adjusted operating income, which excludes realized investment gains and losses, was $729 million, or $1.65 per common share, the company reported.

Prudential's Quarterly Profit Drops 92%
Source: MarketWatch

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