Jackson Financial Inc expected to post earnings of $3.75 a share - Earnings Preview

Jackson Financial

07/05/2024 02:28

* Jackson Financial Inc  JXN.N   JXN  is expected to show a
rise
in quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Lansing Michigan-based  company is expected to report
a
323.1% decrease in revenue to $1.671 billion from $-749 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Jackson Financial Inc is
for
earnings of $3.75 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Jackson
Financial
Inc is $66.00​, below​ its last closing price of $72.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  3.45        3.46       2.53      Missed  -27
 Jan. 1 2023   3.54        3.53       3.80      Beat    7.8
 Jun. 30 2023  3.32        3.50       3.34      Missed  -4.5​
 Mar. 31 2023  3.83        3.87       3.15      Missed  -18.6
 ​​Dec.        5.47        5.21       5.66      Beat    8.7
 31 2022                                                
 Jan. 1 0001   2.74        2.90       4.24      Beat    46​
 Jan. 1 0001   1.74        1.91       2.52      Beat    31.6
 Mar. 31 2022  4.60        4.60       3.94      Missed  -14.3
 This summary was machine generated May 7 at 01:27 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)