
Expectations have dropped for Prudential Financial’s (PRU) third quarter results in the month leading up to the company’s earnings announcement on Wednesday, November 2, 2011. The consensus analyst estimate has dropped from $1.62 a share to the current estimate of earnings of $1.57 a share.What to Expect:The consensus estimate has dipped over the past three months from $1.69. For the fiscal year, analysts are expecting earnings of $6.70 per share.Revenue is projected to be $10.13 billion for the quarter, 1.7% above the year-earlier total of $9.96 billion. Revenue is projected to roll in at $39.6 billion for the year.Analyst Ratings:The majority of analysts (94.4%) rate Prudential as a buy. This compares favorably to the analyst...