Prudential Future Growth

Future criteria checks 5/6

Prudential is forecast to grow earnings and revenue by 24.7% and 21.4% per annum respectively. EPS is expected to grow by 26% per annum. Return on equity is forecast to be 12.8% in 3 years.

Key information

24.7%

Earnings growth rate

26.0%

EPS growth rate

Insurance earnings growth	17.4%
Revenue growth rate	21.4%
Future return on equity	12.8%
Analyst coverage	Good
Last updated	28 Aug 2024

Recent future growth updates

Recent updates

Shareholders Should Be Pleased With Prudential plc's (LON:PRU) Price

Jul 12

Analysts Are More Bearish On Prudential plc (LON:PRU) Than They Used To Be

Jul 23

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Prudential plc's (LON:PRU) CEO For Now

May 07

Bullish: Analysts Just Made A Decent Upgrade To Their Prudential plc (LON:PRU) Forecasts

Mar 04

Prudential plc's (LON:PRU) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?

Mar 02

How Many Prudential plc (LON:PRU) Shares Do Institutions Own?

Feb 08

Earnings and Revenue Growth Forecasts

LSE:PRU - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	19,747	3,059	N/A	6,191	2
12/31/2025	23,872	2,773	N/A	5,360	3
12/31/2024	20,546	2,364	N/A	4,630	1
6/30/2024	10,944	877	1,685	1,738	N/A
3/31/2024	10,991	1,289	1,237	1,285	N/A
12/31/2023	11,038	1,701	788	832	N/A
9/30/2023	11,026	1,573	690	731	N/A
6/30/2023	11,014	1,445	591	629	N/A
3/31/2023	9,468	219	818	854	N/A
12/31/2022	7,922	-1,007	1,044	1,078	N/A
9/30/2022	12,540	-693	899	932	N/A
6/30/2022	17,158	-379	754	785	N/A
3/31/2022	21,841	907	287	320	N/A
12/31/2021	26,523	2,192	-181	-145	N/A
9/30/2021	29,480	2,557	186	221	N/A
6/30/2021	32,436	2,921	552	586	N/A
3/31/2021	34,342	2,690	1,231	1,276	N/A
12/31/2020	36,247	2,458	1,909	1,966	N/A
9/30/2020	46,474	1,925	-286	-215	N/A
6/30/2020	56,700	1,392	-2,481	-2,396	N/A
3/31/2020	75,218	1,668	-3,926	-3,852	N/A
12/31/2019	93,736	1,944	-5,372	-5,308	N/A
9/30/2019	80,611	2,157	-634	-563	N/A
6/30/2019	68,028	2,413	2,848	2,928	N/A
3/31/2019	51,684	2,625	2,742	2,848	N/A
12/31/2018	35,845	2,877	3,226	3,360	N/A
9/30/2018	58,332	3,312	1,919	2,126	N/A
6/30/2018	78,510	2,846	874	1,055	N/A
3/31/2018	102,337	3,188	N/A	1,697	N/A
12/31/2017	116,631	3,225	N/A	2,187	N/A
9/30/2017	110,779	3,435	N/A	2,082	N/A
6/30/2017	103,197	3,568	N/A	1,938	N/A
3/31/2017	94,642	2,919	N/A	2,311	N/A
12/31/2016	88,379	2,367	N/A	2,712	N/A
9/30/2016	79,991	2,430	N/A	2,034	N/A
6/30/2016	68,555	2,430	N/A	1,246	N/A
3/31/2016	66,882	3,174	N/A	2,499	N/A
12/31/2015	60,913	3,803	N/A	3,735	N/A
9/30/2015	72,697	3,850	N/A	4,673	N/A
6/30/2015	86,142	3,946	N/A	5,729	N/A
3/31/2015	85,353	3,510	N/A	4,064	N/A
12/31/2014	93,705	3,454	N/A	2,849	N/A
9/30/2014	97,929	3,522	N/A	1,957	N/A
6/30/2014	103,671	3,636	N/A	1,001	N/A
3/31/2014	94,163	2,894	N/A	1,591	N/A
12/31/2013	86,764	2,230	N/A	2,193	N/A
9/30/2013	85,681	2,418	N/A	2,471	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRU's forecast earnings growth (24.7% per year) is above the savings rate (1.9%).

Earnings vs Market: PRU's earnings (24.7% per year) are forecast to grow faster than the UK market (14.3% per year).

High Growth Earnings: PRU's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PRU's revenue (21.4% per year) is forecast to grow faster than the UK market (3.7% per year).

High Growth Revenue: PRU's revenue (21.4% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PRU's Return on Equity is forecast to be low in 3 years time (12.8%).

Prudential Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus revenue estimates increase by 28%, EPS downgraded

Consensus EPS estimates increase by 20%

Consensus forecasts updated

Consensus forecasts updated

Recent updates

New minor risk - Profit margin trend

First half 2024 earnings released: EPS: US$0.044 (vs US$0.34 in 1H 2023)

Consensus revenue estimates increase by 28%, EPS downgraded

Prudential plc Announces 2023 First Interim (Semi-Annual) Dividend for Period Ended 30 June 2024, Payable on 23 October 2024 (Hong Kong and UK holders) and On or around 30 October 2024 (Singapore)

Prudential plc Establishes Sustainability Committee, Effective 1 September 2024

Shareholders Should Be Pleased With Prudential plc's (LON:PRU) Price

Prudential plc (LSE:PRU) announces an Equity Buyback for $2,000 million worth of its shares.

Prudential plc to Report First Half, 2024 Results on Aug 28, 2024

Prudential Appoints Grace Park as Its Chief Data, Analytics & AI Officer

Prudential plc (LSE:PRU) commences an Equity Buyback Plan under the authorization approved on May 23, 2024.

Prudential plc (LSE:PRU) commences an Equity Buyback Plan for 274,967,019 shares, representing 10% of its issued share capital, under the authorization approved on May 23, 2024.

Prudential plc to Report Q1, 2024 Results on Apr 30, 2024

Final dividend of US$0.14 announced

Full year 2023 earnings released: EPS: US$0.62 (vs US$0.36 in FY 2022)

Prudential plc Declares Second Interim Dividend for the Financial Year Ended 31 December 2023, Payable on 16 May 2024

Prudential plc, Annual General Meeting, May 23, 2024

Prudential plc Announces Management Changes

Prudential plc (LSE:PRU) commeces an Equity Buyback Plan for 275,320,612 shares, representing 10% of its issued share capital, under the authorization approved on May 25, 2023.

Prudential plc to Report Fiscal Year 2023 Results on Mar 20, 2024

Prudential plc to Report Nine Months, 2023 Results on Nov 06, 2023

First half 2023 earnings released: EPS: US$0.34 (vs US$0.55 loss in 1H 2022)

Prudential plc Announces 2023 First Interim (Semi-Annual) Dividend for Period Ended 30 June 2023, Payable on 19 October 2023

Prudential plc Announces Management Changes

Prudential plc Announces Board Changes

CEO & Executive Director recently bought UK£111k worth of stock

Independent Non-Executive Director recently bought UK£52k worth of stock

Independent Non-Executive Director recently bought UK£79k worth of stock

Full year 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorates as stock falls 19%

Prudential plc, Annual General Meeting, May 25, 2023

Investor sentiment improved over the past week

Prudential plc Announces Board Changes

Prudential Appoints Emmanuel Mokobi Aryee as New Chief Executive Officer for Africa, Effective January 1, 2023

Prudential plc to Report Fiscal Year 2022 Results on Mar 15, 2023

Consensus EPS estimates increase by 20%

Prudential plc Announces Mark Fitzpatrick is Discharging Managerial Responsibilities as Group Chief Executive

Consensus forecasts updated

First half 2022 earnings released

Prudential plc Announces 2022 First Interim Dividend for the Period Ended 30 June 2022, Payable on 27 September 2022 (UK, Hong Kong and ADR Holders) and on or About 4 October 2022 (Singapore)

Prudential plc to Report First Half, 2022 Results on Aug 10, 2022

Prudential plc Announces Executive Changes

Consensus forecasts updated

Prudential plc Announces Committee Changes, Effective 1 May 2022

Group CFO & Executive Director exercised options and sold UK£156k worth of stock

Prudential plc Announces Management Changes

Board Member recently bought UK£106k worth of stock

Upcoming dividend of US$0.12 per share

Prudential plc Announces Second Interim Dividend for the Year Ended 31 December 2021, Payable on 13 May 2022

Prudential plc Announces Alice Schroeder to Retire from the Board

Prudential plc Announces Board and Committee Changes

Insider recently bought UK£107k worth of stock

Insider recently bought UK£107k worth of stock

First half 2021 earnings released: EPS US$0.41 (vs US$0.23 in 1H 2020)

Analysts Are More Bearish On Prudential plc (LON:PRU) Than They Used To Be

Independent Non-Executive Director has left the company

Key Executive exercised options and sold UK£2.0m worth of stock

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Prudential plc's (LON:PRU) CEO For Now

Board Member exercised options to buy UK£19k worth of stock.

Prudential plc Appoints Jeanette Wong as Non-Executive Director, Effective May 1, 2021

Upcoming Dividend of US$0.11 Per Share

Revenue and earnings miss expectations

Full year 2020 earnings released: EPS US$0.82 (vs US$0.75 in FY 2019)

Prudential plc, Annual General Meeting, May 13, 2021

Bullish: Analysts Just Made A Decent Upgrade To Their Prudential plc (LON:PRU) Forecasts

Prudential plc's (LON:PRU) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?

New 90-day high: UK£14.51

How Many Prudential plc (LON:PRU) Shares Do Institutions Own?

Prudential plc Announces Board and Committee Changes

Investor sentiment deteriorated over the past week

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts