Jackson Monetary (JXN) reported $1.75 billion in income for the quarter ended September 2024, representing a year-over-year decline of 32.8%. EPS of $4.60 for a similar interval compares to $3.80 a 12 months in the past.
The reported income compares to the Zacks Consensus Estimate of $1.73 billion, representing a shock of +1.12%. The corporate delivered an EPS shock of -1.29%, with the consensus EPS estimate being $4.66.
Whereas buyers intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher undertaking a inventory’s worth efficiency.
Right here is how Jackson Monetary carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Adjusted earnings earlier than tax- Retail Annuities: $458 million versus $436.74 million estimated by two analysts on common.
- Adjusted earnings earlier than tax- Company and Different: -$71 million versus the two-analyst common estimate of -$48 million.
- Adjusted earnings earlier than tax- Closed Life and Annuity Blocks: $7 million in comparison with the $13.57 million common estimate based mostly on two analysts.
- Adjusted earnings earlier than tax- Institutional Merchandise: $17 million versus $23.06 million estimated by two analysts on common.
View all Key Company Metrics for Jackson Financial here>>>
Shares of Jackson Monetary have returned +3.2% over the previous month versus the Zacks S&P 500 composite’s +0.7% change. The inventory presently has a Zacks Rank #1 (Robust Purchase), indicating that it may outperform the broader market within the close to time period.
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Jackson Financial Inc. (JXN) : Free Stock Analysis Report
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