Prudential: Q4 Earnings Snapshot

NEWARK, N.J. (AP) — NEWARK, N.J. (AP) — Prudential Financial Inc. (PRU) on Tuesday reported a loss of $558 million in its fourth quarter.

The Newark, New Jersey-based company said it had a loss of $1.53 per share. Earnings, adjusted for non-recurring costs, were $2.42 per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.57 per share.

The financial services company posted revenue of $12.65 billion in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $12.78 billion.

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