8-K
filed February 28, 2023, 6:59 PM ET
ticker JXN
CIK 0001822993
earnings
confidence high
sentiment positive
materiality 0.80
Jackson Financial reports Q4 net loss of $710M; raises dividend 13% and adds $450M to buyback authorization
Jackson Financial Inc.
2023-01-01 EPS reported
$69.75
revenue$9,863,000,000
- Q4 net loss attributable to Jackson of $710M ($8.48 diluted EPS); adjusted operating earnings $491M ($5.66), down 31% YoY.
- Full year 2022 net income $5,697M ($64.23 diluted EPS); adjusted operating earnings $1,443M ($16.27).
- First quarter 2023 dividend raised nearly 13% to $0.62/share, payable March 23 to holders of record March 14.
- Board authorized $450M increase to share repurchase program, bringing total authority to ~$540M.
- 2023 capital return target set at $450-$550M; 2022 capital return of $482M exceeded midpoint of target range.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Jackson Financial Inc. reported fourth quarter ended December 31, 2022 results: net income $(710) million, EPS $(8.48) per diluted share.
- Period
- fourth quarter ended December 31, 2022
- Net income
- $(710) million
- EPS
- $(8.48) per diluted share
- Result
- reported results
Exact text from the filing
Net income (loss) attributable to Jackson Financial Inc. of $(710) million, or $(8.48) per diluted share
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Jackson Financial Inc. reported year ended December 31, 2022 results: net income $5,697 million, EPS $64.23 per diluted share.
- Period
- year ended December 31, 2022
- Net income
- $5,697 million
- EPS
- $64.23 per diluted share
- Result
- reported results
Exact text from the filing
Net income attributable to Jackson Financial Inc. of $5,697 million, or $64.23 per diluted share
View on SEC.gov
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