Jackson Financial Inc expected to post earnings of $3.99 a share - Earnings Preview

Jackson Financial

06/05/2023 03:03

* Jackson Financial Inc  JXN.N   JXN  is expected to show a
fall
in quarterly revenue when it reports  results on May 9. 
    * The Lansing Michigan-based  company is expected to report 
a
61.8% decrease in revenue to $1.642 billion from $4.3 billion a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Jackson Financial
Inc is
for earnings of $3.99 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Jackson
Financial
Inc is $41​, above​ its last closing price of $34.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  4.60        4.60       3.94      Missed  -14.3
 ​​Dec.        5.30        5.30       7.48      Beat    41.1
 31 2021                                                
 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 May 6 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated