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November 4, 2009 Wednesday 4:16 PM EST
LENGTH: 121 words
HEADLINE: Prudential reports $1.1 bln quarterly profit
BYLINE: Alistair Barr
SAN FRANCISCO (MarketWatch) -- Prudential Financial (pru) said late Wednesday that third-quarter net income came in at $1.1 billion, or $2.35 per common share, versus a net loss of $118 million, or 25 cents per common share, a year earlier. Adjusted operating income, which excludes net realized investment gains and losses, was $733 million, or $1.59 per common share, in the latest period. Prudential was expected to make $1.33 a share, according to the average estimate of 18 analysts in a Thomson Reuters survey. Prudential forecast full-year operating profit of $5.40 to $5.60 per common share.
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LOAD-DATE: November 5, 2009
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