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Here's Why Prudential Stock Is Falling Today

TheMotleyFool

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Here's Why Prudential Stock Is Falling TodayPhoto, wide shot, wide-angle lens, soft focus, Reinsurance company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-bSRc7PrRT00tZTDNf9SggMTD.png?st=2023-05-06T18%3A48%3A49Z&se=2023-05-06T20%3A48%3A49Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-06T00%3A38%3A49Z&ske=2023-05-07T00%3A38%3A49Z&sks=b&skv=2021-08-06&sig=3seGuy7NQJX9RXUOWr6XArANokWXlKqwnEJxEHfdbSY%3D

Insurance and financial services giant Prudential Financial (NYSE: PRU) reported its second-quarter earnings Wednesday afternoon, and investors aren't happy with the results. As of 3 p.m. EDT Thursday, Prudential's stock price had fallen by more than 11%.

Although Prudential's second-quarter earnings of $3.14 per share represented a nice 4.3% increase over the same quarter a year ago, they didn't quite measure up to Wall Street expectations of $3.23 per share.

Image source: Getty Images.

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