Jackson Financial Inc JXN.N reported quarterly adjusted earnings of $2.53 per share for the quarter ended in December, lower than the same quarter last year, when the company reported EPS of $5.66. The mean expectation of four analysts for the quarter was for earnings of $3.46 per share. Wall Street expected results to range from $3.30 to $3.58 per share.
Revenue rose 334.1% to $892.00 million from a year ago; analysts expected $1.64 billion.
Jackson Financial Inc's reported EPS for the quarter was a loss of $19.64.
The company reported a quarterly loss of $1.57 billion.
Jackson Financial Inc shares had fallen by 1.7% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 6.7% in the last three months.
In the last 30 days, there have been earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is "strong buy" or "buy," 4 "hold" and "sell" or "strong sell."
The average consensus recommendation for the multiline insurance & brokers peer group is also "hold"
Wall Street's median 12-month price target for Jackson Financial Inc is $52.00
This summary was machine generated from LSEG data February 23 at 03:29 a.m. UTC. 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)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Dec. 31 2023 |
3.46 |
2.53 |
Missed |
Sep. 30 2023 |
3.53 |
3.80 |
Beat |
Jun. 30 2023 |
3.50 |
3.34 |
Missed |
Mar. 31 2023 |
3.87 |
3.15 |
Missed |