Jackson Financial Inc expected to post earnings of $4.67 a share - Earnings Preview

Jackson Financial

04/11/2024 21:32

* Jackson Financial Inc  JXN.N   JXN  is expected to show a
fall
in quarterly revenue when it reports  results on November 6 for
the period ending September 30 2024
    * The Lansing Michigan-based  company is expected to report
a
33.2% decrease in revenue to $1.74 billion from $2.61 billion a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Jackson Financial Inc is
for
earnings of $4.67 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 89.00​, below​ its last closing price of $98.32. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  4.37        4.36       5.32      Beat    22
 Mar. 31 2024  3.76        3.75       4.23      Beat    12.9
 Dec. 31 2023  3.45        3.46       2.53      Missed  -27​
 Jan. 1 0001   3.54        3.53       3.80      Beat    7.8
 ​​Jan.        3.32        3.50       3.34      Missed  -4.5
 1 0001                                                 
 Mar. 31 2023  3.83        5.21       3.15      Missed  -18.6​
 Dec. 31 2022  5.47        5.21       5.66      Beat    8.7
 Sep. 30 2022  2.74        2.90       4.24      Beat    46
 This summary was machine generated November 4 at 21:32 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)