Jackson Financial's Q3 Adjusted Operating Earnings Rise, Revenue Falls

MT Newswires Live

2024/11/07

Jackson Financial (JXN) reported Q3 adjusted operating earnings late Wednesday of $4.60 per diluted share, up from $3.80 a year earlier.

Analysts polled by Capital IQ expected $4.67.

Revenue for the quarter ended Sept. 30 was $2.12 billion, down from $2.59 billion a year earlier.

A single analyst surveyed by Capital IQ expected $1.74 billion.

The company also maintained a quarterly dividend of $0.70 per common share, payable on Dec. 19 to shareholders of record on Dec. 5.

Shares of the company fell more than 8% in recent premarket activity on Thursday.

Price: 104.00, Change: -9.74, Percent Change: -8.56

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