Jackson Financial Inc expected to post earnings of $3.50 a share - Earnings Preview

Jackson Financial

04/08/2023 22:45

* Jackson Financial Inc  JXN.N   JXN  is expected to show a
fall
in quarterly revenue when it reports  results on August 8. 
    * The Lansing Michigan-based  company is expected to report 
a
75.4% decrease in revenue to $1.605 billion from $6.52 billion a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Jackson Financial
Inc is
for earnings of $3.50 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 3.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Jackson
Financial
Inc is $38​, above​ its last closing price of $32.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  3.83        3.87       3.15      Missed  -18.6
 Dec. 31 2023  5.47        5.21       5.66      Beat    8.7
 Sep. 30 2022  2.74        2.90       4.24      Beat    46​
 Jun. 30 2022  1.74        1.91       2.52      Beat    31.6
 ​​Mar.        4.60        4.60       3.94      Missed  -14.3
 31 2022                                                
 Dec. 31 2021  5.30        5.30       7.48      Beat    41.1​
 Sep. 30 2021  5.31        5.32       5.16      Missed  -2.9
 Jun. 30 2021  5.19        5.19       6.74      Beat    29.9
 This summary was machine generated August 4 at 21:44 GMT.  All
figures in US dollars  unless otherwise stated