JXN / Jackson to Report First Quarter 2023 Financial Results

Variable annuities, which offer stock market participation, may become more favorable in an environment of loose money and higher inflation. Jackson F more_horizontal

Jackson Financial shares trade at a fraction of book value, presenting substantial value for investors, even if book value is unlikely to be achieved. more_horizontal

Jackson Financial reported an impressive FQ2'23 adj operating earnings of $283M (+4.4% QoQ/ +25.7% YoY), contributing to the healthier balance sheet w more_horizontal

The shares are being added to a prominent small-cap index. They will be a component of the S&P SmallCap 600 index beginning on Friday. more_horizontal

Jackson Financial (JXN) came out with quarterly earnings of $3.34 per share, missing the Zacks Consensus Estimate of $3.78 per share. This compares to more_horizontal

Jackson Financial is a $2.8 billion market cap bank that primarily offers annuities to retail investors in the U.S. In Q1 2023, Jackson showcased quit more_horizontal

Jackson Financial faces volatility due to the March 2023 banking crisis and recent earnings miss, but its long-term prospects remain cautiously optimi more_horizontal

Jackson Financial, a spin-off from Prudential, offers potential growth opportunities due to its attractive valuation and commitment to dividends and b more_horizontal