Prudential Financial (PRU): Q3 2019 Earnings Snapshot

— Prudential Financial (NYSE: PRU) reported third-quarter 2019 earnings of $3.22  per share, vs. $3.06 per share expected.

— Total revenue fell 10% to $12.9 billion, vs $14.24 billion expected.

— AUM of $1.519 trillion, vs. $1.410 trillion for the year-ago quarter

— “On track to achieve $50 million in run-rate margin expansion by the end of 2019 and $500 million by the end of 2022.”

— PRU shares fell 0.5% immediately following the announcement.

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