earnings
confidence high
sentiment negative
materiality 0.75
Jackson Financial Q3 GAAP net loss $480M ($6.37); adj. earnings $350M ($4.60)
Jackson Financial Inc.
2024-Q3 EPS reported
$7.34
revenue$3,046,000,000
- GAAP net loss of $480M ($6.37 diluted EPS); adjusted operating earnings $350M ($4.60 per share).
- Retail annuity sales up 59% YoY; record 3Q RILA sales; $1.0B fixed/fixed-index annuity sales.
- Returned $167M to common shareholders ($113M buybacks, $54M dividends); YTD $483M up 52%.
- JNLIC estimated RBC ratio 550-570%; holding company cash ~$650M; adjusted book value $11.2B.
- Segment pretax adj. op. earnings: Retail $458M, Institutional $17M, Closed Block $7M.