Prudential: Q1 Earnings Snapshot

NEWARK, N.J. (AP) — NEWARK, N.J. (AP) — Prudential Financial Inc. (PRU) on Tuesday reported first-quarter profit of $1.14 billion.

On a per-share basis, the Newark, New Jersey-based company said it had profit of $3.12.

The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.16 per share.

The financial services company posted revenue of $21.7 billion in the period, which topped Street forecasts. Six analysts surveyed by Zacks expected $14.78 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRU at https://www.zacks.com/ap/PRU