Jackson Financial Inc reports results for the quarter ended in June - Earnings Summary

Jackson Financial

09/08/2023 10:16

* Jackson Financial Inc  JXN.N  reported quarterly adjusted
earnings of $3.34​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was
for earnings of $3.50 per share.
    * Revenue fell 87.8% to $796.00 million from a year ago;
analysts
expected $1.60 billion. 
    * Jackson Financial Inc's reported EPS for the quarter was
$14.21​.
    * The mean earnings estimate of analysts had fallen by
about 12.4%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Jackson Financial Inc shares had risen by 5.9% this
quarter and
lost 6.8% so far this year.
    * The company reported quarterly net income of $1.2 billion.
    * Wall Street's median 12-month price target for Jackson
Financial
Inc is $38.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:16 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      3.50           3.34           Missed
 Mar. 31 2023      3.87           3.15           Missed
 Dec. 31 2022      5.21           5.66           Beat
 Sep. 30 2022      2.90           4.24           Beat