Jackson Financial rises on Q3 earnings, revenue beat

Jackson Financial

09/11/2023 15:30

** Shares of insurance firm Jackson Financial Inc  JXN.N  up
15.3% at $44.90, their highest since March 1 
    ** Co posts Q3 adj. EPS of $3.80 vs analyst expectation of
$3.53, according to LSEG data
    ** Q3 revenue of $2.61 bln also above estimates of $1.61 bln
    ** "We are on track to deliver on our financial targets for
the second year in a row," President and Chief Executive Officer
Laura Prieskorn said
    ** Stock sees biggest intraday gain in one year
    ** YTD shares up about 29%


 (Reporting by Pavithra S in Bengaluru)
 ((pavithra.s@thomsonreuters.com))