Prudential Financial's Profit Falls
The company's financial-services business had net income of $197 million, down from $263 million a year ago.
Prudential Financial
(PRU) - Get Report
posted a fall in first-quarter profit Tuesday.
Prudential's financial-services business had net income of $197 million, or 39 cents a share, compared with $263 million, or 46 cents a share, a year ago.
Excluding special items, the segment's earnings were $303 million, or 58 cents a share, down from $336 million, or 59 cents a share, a year earlier.
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