Prudential Financial, Inc. Announces Third Quarter EPS of $2.46

Prudential Financial, Inc. PRU today reported net income of its Financial Services Businesses attributable to Prudential Financial, Inc. of $1.167 billion ($2.46 per Common share) for the third quarter of 2010, compared to $1.090 billion ($2.35 per Common share) for the year-ago quarter. After-tax adjusted operating income for the Financial Services Businesses was $1.002 billion ($2.12 per Common share) for the third quarter of 2010, compared to $825 million ($1.78 per Common share) for the third quarter of 2009. Information regarding adjusted operating income, a non-GAAP measure, including an amendment to the definition of adjusted operating income, is provided below. For the first nine months of 2010, net income for the Financial Services Businesses attributable to Prudential Financial, Inc. amounted to $2.501 billion ($5.31 per Common share) compared to $1.623 billion ($3.72 per Common share) for the first nine months of 2009. After-tax adjusted operating income for the first nine months of 2010 for the Financial Services Businesses amounted to $2.107 billion ($4.49 per Common share), compared to $1.891 billion ($4.32 per Common share) for the first nine months of 2009.