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What To Expect From Jackson Financial’s (JXN) Q4 Earnings

JXN Cover Image

Retirement solutions provider Jackson Financial (NYSE: JXN) will be announcing earnings results this Wednesday after the bell. Here’s what you need to know.

Jackson Financial missed analysts’ revenue expectations by 24.1% last quarter, reporting revenues of $1.44 billion, down 33.5% year on year. It was a mixed quarter for the company, with a beat of analysts’ EPS estimates but a significant miss of analysts’ revenue estimates.

Is Jackson Financial a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Jackson Financial’s revenue to grow 684% year on year to $1.92 billion, a reversal from the 72.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $5.86 per share.

Jackson Financial Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Jackson Financial has missed Wall Street’s revenue estimates six times over the last two years.

Looking at Jackson Financial’s peers in the life insurance segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Corebridge Financial delivered year-on-year revenue growth of 35.7%, beating analysts’ expectations by 47.3%, and Primerica reported revenues up 8%, topping estimates by 0.8%. Corebridge Financial’s stock price was unchanged after the resultswhile Primerica was down 1.3%.

Read our full analysis of Corebridge Financial’s results here and Primerica’s results here.

Investors in the life insurance segment have had steady hands going into earnings, with share prices up 1.5% on average over the last month. Jackson Financial is up 3.1% during the same time and is heading into earnings with an average analyst price target of $118.33 (compared to the current share price of $113.80).

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