Prudential Financial (PRU) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter declined from the prior quarter but increased compared to the same quarter a year earlier. The sequential drop contrasts with the year-over-year gain.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter declined from the prior quarter but increased compared to the same quarter a year earlier. The sequential drop contrasts with the year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$14.9B
Revenue reported for this quarter.
Quarter-over-quarter
-36.7%
Change from the immediately preceding quarter.
Year-over-year
+10.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$61.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $8.4B | -58.7% |
| Dec 31, 2023 | $15.1B | +12.3% |
| Mar 31, 2024 | $23.5B | +37.9% |
| Jun 30, 2024 | $14.9B | +10.3% |
Revenue performance
The reported revenue was lower than the immediately preceding quarter, reflecting a notable sequential decrease.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher, marking a year-over-year increase.
What to watch
The sharp sequential decline in revenue may warrant monitoring for underlying trends.