Prudential Financial, Inc.’s PRU second-quarter 2017 operating income of $2.09 per share missed the Zacks Consensus Estimate of $2.70 by 22.6%. Earnings also improved about 13.6% year over year.Including the impact of one-time items, net income was $1.12 per share, plunging 45% year over year.Prudential Financial, Inc. Price, Consensus and EPS Surprise Prudential Financial, Inc. Price, Consensus and EPS Surprise | Prudential Financial, Inc. QuoteBehind the HeadlinesTotal revenue climbed 10.2% year over year to $13.0 billion on the back of 25% growth in premiums, 10% increase in net investment income and a 4 % rise in asset management fees, commissions and other income.Total benefits and expenses of $11.8 billion increased 9.3% year over year in the quarter. This rise in expenses is mainly attributable to higher insurance and annuity benefits, interest credited to policyholders’ account balances, amortization of acquisition costs and general and administrative expenses.As of Jun 30, 2017, Prudential Financial’s assets under management increased 2.8% to $1.334 trillion from $1.264 trillion as of Dec 31, 2016. Adjusted book value, a measure of the company’s net worth, increased 7% to $80.62 per share as of Jun 30, 2017, up 5.3% year over year.Operating Return on Average Equity was 10.5% versus 9.8% in the year ago quarter.Debt balance totaled $19.4 billion as of Jun 30, 2017, down from $19.7 billion as of Jun 30, 2016Quarterly Segment UpdateU.S. Retirement Solutions and Investment Management reported adjusted operating income of $1.138 billion, up 30.8% year over year. The upside was driven by higher contribution from Individual Annuities, Retirement and Asset Management businesses.U.S. Individual Life and Group Insurance incurred adjusted operating loss of $421 million, wider than $201 million incurred in the prior-year quarter, attributable to higher losses at Individual Life.International Insurance reported adjusted operating income of $823 million, up 2.5% year over year. This improvement was due to higher contribution from Life Planner operations.Corporate and Other Operations reported adjusted operating loss of $312 million, narrower than a loss of $415 million in the year-ago quarter.Zacks RankCurrently, Prudential Financial holds a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Performance of Other InsurersAmong other players from the insurance industry that have reported their second-quarter earnings so far, both Brown & Brown, Inc. BRO and Fidelity National Financial, Inc. FNF beat their respective Zacks Consensus Estimate, while The Progressive Corporation PGR missed the same.More Stock News: Tech Opportunity Worth $386 Billion in 2017 From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future. Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Brown & Brown, Inc. (BRO): Free Stock Analysis Report Prudential Financial, Inc. (PRU): Free Stock Analysis Report Progressive Corporation (The) (PGR): Free Stock Analysis Report Fidelity National Financial, Inc. (FNF): Free Stock Analysis Report To read this article on Zacks.com click here.