earnings
confidence high
sentiment positive
materiality 0.75
Jackson Q1 net income $784M, $9.94 EPS; adjusted operating earnings up 23% YoY
Jackson Financial Inc.
2024-Q1 EPS reported
$9.94
revenue$-322,000,000
- Net income $784M ($9.94 diluted EPS) vs. net loss $1.5B ($18.11) in Q1 2023.
- Adjusted operating earnings $334M ($4.23/share), up 23% from $271M ($3.15) YoY.
- Record RILA sales $1.2B (up from $533M); total annuity AUM $248B (+13% YoY).
- Returned $172M to shareholders via $116M buybacks and $56M dividends; holding company cash ~$500M.
- RBC ratio 555-575% and total adjusted capital ~$4.7B.