Jackson Financial Inc reports results for the quarter ended September 30 - Earnings Summary

• $Jackson Financial Inc(JXN-A)$ JXN.N reported quarterly adjusted earnings of $6.16​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $4.60. The mean expectation of five analysts for the quarter was for earnings of $5.45 per share. Wall Street expected results to range from $5.10 to $5.72 per share.

• Revenue fell 33.6% to $1.42 billion from a year ago; analysts expected $1.83 billion.

• Jackson Financial Inc's reported EPS for the quarter was 92 cents​.

• The company reported quarterly net income of $65 million.

• Jackson Financial Inc shares had fallen by 1.6% this quarter and gained 14.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the multiline insurance & brokers peer group is "buy."

• Wall Street's median 12-month price target for Jackson Financial Inc is $110.00, about 8.6% above its last closing price of $100.55

This summary was machine generated from LSEG data November 4 at 10:01 p.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)