Analyst Consensus ?
ConsensusHold8 ratings
Bullish450.0%
Neutral337.5%
Bearish112.5%
Prudential plc · PUK · FY2022 Q4 · Calendar Q1 2023
Prudential Maintains Growth Focus Across Asia and Africa
The supplied earnings analysis supports a constructive but conditional view: resilient demand and distribution expansion can support growth, while the investment case depends on execution in Asia and Africa, recovery in Greater China, and the durability of margins and capital strength.
Reported Before market openNYSEFinancial Services
$30.78B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.69
Consensus —
EPS surprise
—
Reported versus consensus
Reported revenue
$9.49B
Consensus $28.04B
Revenue surprise
-66.2%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-3.8%
Event window
SPY move
+0.9%
Same window
Abnormal move
-4.8%
Stock minus SPY
Volume
2.5×
Versus trailing sessions
Subsequent drift
-6.2%
Up to 20 sessions
PUKSPY benchmark
Ask FN2 about PUK FY2022 Q4
Transcript, numbers and history already loaded
What drove PUK's -3.8% move after FY2022 Q4 earnings?What changed in PUK's guidance and outlook in FY2022 Q4?Give me the bull and bear case for PUK after FY2022 Q4 earnings.
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Transcript intelligence
What changed
The current analysis adds emphasis on the new CEO's growth agenda, agency activation, broader bancassurance coverage, the Pulse platform and the Indonesia transformation program. Compared with the prior-quarter analysis, the key watchpoints remain IFRS 17 effects, interest-rate sensitivity, capital resilience and the sustainability of bancassurance margins.
Guidance delta
Maintained. Management continued to emphasize growth through Asian and African markets, agency activation, bancassurance, digital distribution and the Indonesia transformation program.
Key takeaways
- Management identified Greater China, ASEAN and Africa as core growth markets, supported by agency recruitment, bancassurance and digital distribution.
- The transcript analysis highlights a 302% capital ratio against a 150% regulatory floor and describes IFRS 17 effects as changes in profit timing rather than the underlying business model.
- Recovery in Hong Kong and Mainland China, Indonesia expansion and the Pulse platform remain important execution themes.
Management priorities
- Expand agency recruitment and productivity across Hong Kong, Mainland China and Indonesia.
- Deepen bancassurance relationships, including the CITIC joint venture, while developing the Pulse digital platform.
- Execute the Indonesia transformation program and continue product and geographic expansion across Asia and Africa.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$24.13Current
$39.3Low
$39.3Average
$39.3High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 17, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Goldman Sachs | Buy | Buy | Maintain | Feb 14, 2022 |
| HSBC | Buy | Hold | Upgrade | Mar 23, 2021 |
| Macquarie | Outperform | Outperform | Maintain | Oct 3, 2019 |
| Evercore ISI Group | In Line | In Line | Maintain | Jul 10, 2018 |
| JP Morgan | Neutral | Underweight | Upgrade | Mar 17, 2017 |
| Societe Generale | Sell | Hold | Downgrade | Oct 13, 2016 |
| Jefferies | Hold | Buy | Downgrade | Jul 20, 2015 |
| Charles Stanley | Buy | Accumulate | Maintain | Jun 10, 2015 |
Named analyst price targets
Upside is calculated against the persisted current price $24.13. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Berenberg Bank | Michael Huttner | $39.3 | $27.29 | +62.9% | Sep 3, 2026 |
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Start freeCompany context
Snapshot as of publicationPrudential plc, operating through its various subsidiaries, delivers a diverse array of financial solutions to individuals across Asia and Africa, encompassing life and health coverage, retirement planning, and comprehensive asset management services. Its product portfolio includes extensive health and protection plans, along with various savings instruments such as participating, unit-linked, and conventional policies.…
Historical context
All PUK earningsFinancial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| MTB-PH M&T Bank Corporation | FY2026 Q3 · Calendar Q4 2026 | +2.2% | — | M&T Bank: Loan Growth Holds Up as Rates Pressure Margins |
| MTB-PJ M&T Bank Corporation | FY2026 Q3 · Calendar Q4 2026 | +2.2% | — | M&T: Deposit growth supports margins as AI use expands |
| RF-PE Regions Financial Corporation | FY2026 Q3 · Calendar Q4 2026 | +10.3% | — | Regions Financial: Fee Growth and Credit Quality Support Q3 |
| RF-PC Regions Financial Corporation | FY2026 Q3 · Calendar Q4 2026 | +10.3% | — | Regions Financial: Fee growth supports a steady Q3 outlook |
| TFC-PI Truist Financial Corporation | FY2026 Q3 · Calendar Q4 2026 | -50.9% | — | Truist sharpens focus as Q3 EPS rises 12% |
| TRV The Travelers Companies, Inc. | FY2026 Q3 · Calendar Q4 2026 | +24.2% | +1.5% | Travelers posts strong Q3, with investment income above $900 million |
Latest beats and misses
Who reports nextBeat on EPS
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-11-11T06:39:45.180704+00:00
- Polygon adjusted daily market bars · 2026-10-17T19:30:43.387018+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-17T19:30:43.384076+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-17. For educational purposes only; not investment advice.