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Prudential Beats on Accounting Gains - Analyst Blog
Thursday, November 4, 2010 - 2:12pm | 704Prudential Financial Inc.'s (PRU) third quarter operating income of $2.12 per share was significantly ahead of the Zacks Consensus Estimate of $1.43. Earnings also compared favorably with $1.78 in the year-ago quarter. Results for the quarter benefited from a greater reduction in policy...
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Manulife Financial Corporation Reports Third Quarter EPS of $(0.55)
Thursday, November 4, 2010 - 9:13am | 53Manulife Financial Corporation (NYSE: MFC) today reported a net loss attributed to shareholders of $947 million for the third quarter ended September 30, 2010, equating to a fully diluted loss per share of $0.55. For the third quarter of 2009, MFC reported a net loss of $172 million or $0.12 per...
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Protective Life Corporation Above 3Q Esitmates
Thursday, November 4, 2010 - 9:00am | 70Protective Life Corporation (NYSE: PL) reported 3Q'10 operating EPS of $0.71, which was above with the Street estimate of $0.66 “and our estimate of $0.64,” Deutsche Bank reports. Life Marketing continued to be poor, while Annuities and Corporate were better than expected. “Book value per share (ex...
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Deutsche Bank Likes Unum (UNM)
Thursday, November 4, 2010 - 7:22am | 119Deutsche Bank has a Buy rating on Unum Group (NYSE: UNM) after it reported earnings yesterday. It has a $31 price target on shares. In a note to clients, Deutsche Bank writes, "We raised our 2010 EPS estimate to $2.71 from $2.70 for 2010 to account for the 3Q EPS beat. Our 2011 EPS estimate...
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Prudential's 3Q EPS Beats Out Estimates Significantly
Thursday, November 4, 2010 - 6:52am | 105Sterne Agee has published a research report on Prudential Financial, Inc. (NYSE: PRU) following 3Q results that impressed analysts by exceeding estimates. In the report, Sterne Agee writes "PRU reported Op. EPS of $2.12 vs. our $1.48 and consensus $1.45. Results included $0.73 of net positive items...
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RBC Capital Downs SLF To Sector Perform
Thursday, November 4, 2010 - 6:30am | 55Analysts at RBC Capital Markets downgrade Sun Life Financial Inc (NYSE: SLF) from "outperform" to "sector perform." The target price for SLF has been reduced from $34 to $31. SLF shares moved up 1.24% to close at $28.60 yesterday. More Analyst Ratings here
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Prudential Financial, Inc. Announces Third Quarter EPS of $2.46
Wednesday, November 3, 2010 - 4:42pm | 167Prudential Financial, Inc. (NYSE: 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....
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Prudential Financial Beats Wall Street Estimates (PRU)
Wednesday, November 3, 2010 - 4:31pm | 97Prudential Financial (NYSE: PRU) released its third-quarter earnings results on Wednesday after the closing bell. The company reported net income of $1.17 billion, or $2.46 per share, compared to $1.09 billion, or $2.35 per share, in the year ago period. On an adjusted basis, operating income was...
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Protective Reports Third Quarter EPS of $.80
Wednesday, November 3, 2010 - 4:25pm | 109Protective Life Corporation (NYSE: PL) today reported results for the third quarter of 2010. Net income available to common shareowners for the third quarter of 2010 was $70.4 million compared to $27.6 million in the third quarter of 2009, an increase of 155%. Net income available to common...
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Prudential Financial Reports Better Than Expected Earnings (PRU)
Wednesday, November 3, 2010 - 4:25pm | 31Prudential Financial, Inc. (NYSE: PRU) reports Q3 earnings of $2.46 versus consensus of $1.43. Prudential Financial, Inc. reports revenues of $7.88 billion versus consensus of $7.45 billion.
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Lincoln National Corporation Below Estimates, J.P. Morgan Reports
Wednesday, November 3, 2010 - 9:14am | 108Lincoln National Corporation (NYSE: LNC) reported 3Q10 operating EPS of $0.63, “below our $0.88 estimate and consensus of $0.87,” J.P. Morgan reports. Results were held back by several unusual items, adjusting for which we estimate earnings would have been $0.83, still below expectations. “...
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J.P. Morgan Less Upbeat On Unum Group
Wednesday, November 3, 2010 - 8:10am | 120In a report released this morning, J.P. Morgan said that it is incrementally less upbeat on Unum Group (NYSE: UNM) following 3Q10 results. “In our view, UNM is defensively positioned given its strong capital position and below-average portfolio risk, but we are maintaining our Neutral rating due to...
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Earnings Scheduled For November 3 (WFMI, QCOM, TWX, MGM, NWS, PRU, AET, THG, CVS, IT, CAR, TAP, CHK)
Wednesday, November 3, 2010 - 4:16am | 285Whole Foods (NASDAQ: WFMI) is likely to report its Q4 EPS at $0.28. Qualcomm Inc (NASDAQ: QCOM) is expected to report its Q4 earnings at $0.59 per share. Time Warner (NYSE: TWX) is estimated to post its Q3 EPS at $0.53. MGM Resorts International (NYSE: MGM) may post Q3 loss at $0.23 per share. News...
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Lincoln Financial Group Reports Third Quarter 2010 Results: EPS of $0.75
Tuesday, November 2, 2010 - 4:47pm | 51Lincoln Financial Group (NYSE: LNC) today reported net income for the third quarter of 2010 of $246 million, or $0.75, of net income per diluted share available to common stockholders, compared to a net income in the third quarter of 2009 of $153 million, or $0.44 per diluted share.
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Unum Group Reports In-Line Quarter (UNM)
Tuesday, November 2, 2010 - 4:29pm | 151Unum Group (UNM) reports Q3 earnings of $0.68 versus consensus of $0.68. Unum Group reports revenues of $2.53 billion versus consensus of $2.53 billion. Book value per shares is now $28.08. The company anticipates after-tax operating income growth for full year 2010 to be at the lower end of its...