Why Prudential’s Top Line Is Likely To Shrink Nearly $1 Billion In 2019 – Nasdaq

Prudential Financial (NYSE:PRU) is a global financial company with operations in the United States, Asia, Europe, and Latin America. Trefis details the key components of Prudential Financials Revenues in an interactive dashboard, along with our forecast for 2019-2020. While the companys Total Revenue has jumped 7% from $58.8 billion in 2016 to almost $63 billion in 2018, we expect it to drop 1% (roughly $900 million) to $62.1 billion in 2019 primarily due to a $1.6-billion reduction in revenues for its U.S. Workspace solutions division. This decrease would be partially offset by growth in other divisions like International Insurance ($400 million), U.S Individual Solutions ($100 million), Corporate & Closed Block ($100 million) and Global Investment Management ($100 million).

Notably, we expect Prudentials International Insurance segment to contribute the biggest chunk of revenues (36% of the total) for 2019 surpassing the U.S. Workspace solutions division as the companys largest operating segment.You can make changes to our forecast for individual revenue streams in the dashboard to arrive at your own forecast for Travelers Revenues.

What To Expect From Prudential Financials Revenues?

Details about how trends in Prudential Financial revenues compare with peers MetLife, AIG and Hartford Financial are available in our interactive dashboard.

(A) International Insurance revenues would cross $23.2 billion by 2020

(B) U.S. Workspace Solutions grew 24% over the last 2 years from $18.2 billion in 2016 to $22.5 billion in 2018.

(C) U.S Individual Solutions would cross $11 billion by 2020, although it would grow at a slower pace.

(D) Although Corporate & Closed Block revenues have decreased 37% over the last 2 years, it would increase 4% in 2019.

(E) Global Investment Management revenues are expected to hover around $3.4 billion by 2020.

Our interactive dashboard for Prudential Financial details what is driving changes in revenues for Prudential Financials U.S Individual Solutions, Corporate & Closed Block and Global Investment Management.

Trefis estimates Prudential Financials stock (shows cash and valuation analysis) to have a fair value of $108, which is roughly 15% higher than the current market price (Our price estimate takes into account Prudential Financials earnings release for the third quarter).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Why Prudential's Top Line Is Likely To Shrink Nearly $1 Billion In 2019 - Nasdaq

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