Earnings Preview: Prudential Financial (PRU)

Financial services giant Prudential Financial, Inc. PRU is going to release earnings tonight after the bell, and Wall Street will be anxious to hear what Prudential has to say about the Japanese earthquake and tsunami, as it generates a large portion of its business from Asia. Wall Street will also look to hear what, if any, impact the tornadoes in the Southeastern U.S. Wall Street expects earnings of $1.48 per share on $8.25 billion in revenues. This is up from last year, when Prudential reported earnings of $1.46 per share on $7.36 billion in revenues, a 12.1% growth in revenues. Prudential trades at 8.25 times 2012 earnings estimates, and has a dividend yield of 1.80% at these levels. At last check, shares of Prudential were off 63 cents to $62.55, a loss of 1%, as the broader market is down, but well off the lows of the session. Prudential Financial, Inc., through its subsidiaries, offers various financial products and services in the United States, Asia, Europe, and Latin America.