Company Overview - Jackson Financial (NYSE: JXN) is highlighted as a significant investment option for investors interested in small-cap stocks within the financial sector [3]. Valuation Insights - Despite trading close to its recent all-time highs, Jackson Financial's valuation is considered low when compared to its peers [3].

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Jackson Financial (JXN) - Jackson Financial currently holds a Momentum Style Score of B, indicating a positive momentum outlook [3] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [4] Performance Metrics - Over the past week, JXN shares increased by 10.14%, outperforming the Zacks Financial - Miscellaneous Services industry, which rose by 4.65% [6] - In a longer timeframe, JXN's monthly price change is 11.12%, compared to the industry's 4.07% [6] - Over the past quarter, JXN shares have risen by 30.41%, and over the last year, they have increased by 144.41%, while the S&P 500 has only moved 12.29% and 37.16% respectively [7] Trading Volume - JXN's average 20-day trading volume is 690,716 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, two earnings estimates for JXN have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $18.49 to $18.80 [10] - For the next fiscal year, two estimates have also moved upwards without any downward revisions [10]

Shares of Jackson Financial (NYSE: JXN ) have been a tremendous performer over the past year, gaining over 175%, making them one of the top-performing stocks in the market. After rallying post-election, shares have retraced some of the gains after reporting mixedOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an ...

Financial Data and Key Metrics - Net income was a loss for Q3 but positive over the first 9 months, with reduced volatility due to the formation of Brook Re [7] - Adjusted operating earnings increased by 11% YoY in Q3, driven by higher fee income and investment spread income [17] - Assets under management grew by 9% YoY to over $250 billion, supported by favorable equity markets and increased sales [7] - After-tax capital generation reached $462 million in Q3 and over $1 billion for the first 9 months of 2024 [12] - Holding company cash approached $650 million, including a $300 million distribution from Jackson National Life [12] - Capital return to shareholders was $167 million in Q3, with a year-to-date total of $483 million [13][37] Business Line Performance - Total retail annuity sales exceeded $5 billion in Q3, up 59% YoY and 25% QoQ, marking the highest and most diversified quarter since becoming independent [8] - RILA segment achieved record sales of $1.6 billion in Q3, bringing year-to-date sales to over $4 billion [9] - Traditional variable annuity sales were $2.6 billion in Q3, up 6% YoY, benefiting from favorable equity markets [10] - Fixed and fixed indexed annuity sales reached $1 billion in Q3, driven by targeted distribution partnerships and interest rate monitoring [11] Market Performance - The company expanded its distribution network, making Jackson Market Link Pro II available to approximately 5,000 financial professionals with JPMorgan Wealth Management [9] - The company reengaged in the fixed annuity market, delivering $1 billion in spread sales in Q3, contributing to diversification and growth [11] Strategic Direction and Industry Competition - The company emphasized its focus on product innovation, risk management, and strong distribution partnerships to sustain growth [7] - The introduction of Principal Guard GMAB to the Elite Access variable annuity suite highlights the company's commitment to flexible protection and income-oriented solutions [10] - The company expects to remain active in the spread business while maintaining a disciplined approach to capital management [11] Management Commentary on Operating Environment and Future Outlook - Management highlighted the benefits of Brook Re, which has improved capital stability and reduced volatility in GAAP income [7][22] - The company is on track to meet its annual financial targets for the fourth consecutive year, with an estimated RBC ratio of 550% to 570% [15] - Management expressed confidence in the company's ability to continue delivering strong capital generation and shareholder returns [39] Other Important Information - The company announced a common stock dividend of $0.70 per share for Q4 2024 and repurchased $48 million of common shares, leaving an outstanding share repurchase authorization of approximately $684 million [13] - The company's adjusted book value per diluted share increased by 10% YoY to $149.29, driven by strong operating performance and share repurchases [19] Q&A Session Summary Question: Strong statutory earnings and capital generation - The company expects to continue periodic distributions of capital, with potential increases in capital return for 2025 [47][49] - RILA pricing is done on a stand-alone basis, without considering the diversification benefit from traditional VA business [50] Question: Brooke Re performance and capital movement - Brooke Re has shown growth in equity and is expected to be capital generative over time, with no near-term plans to take capital out [45][53] - The company has a strong buffer in Brooke Re, with significant market events required to impact capital [60][63] Question: Fixed and FIA sales and returns - Fixed annuity sales are driven by favorable demographics, demand for protection, and the integration of annuity solutions into financial planning tools [68][70] - The company is comfortable with the profitability of fixed annuities, which are at the lower end of the return range compared to VAs and RILAs [73] Question: Hedging and market risk benefits - Hedging losses in Q3 were primarily due to interest rate and equity market impacts, with a negative offset from net market risk benefits [24][57] - The company monitors internal risk levels and believes it is well-positioned to handle significant market events [59][65]

Jackson Financial (JXN) reported $1.75 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 32.8%. EPS of $4.60 for the same period compares to $3.80 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.73 billion, representing a surprise of +1.12%. The company delivered an EPS surprise of -1.29%, with the consensus EPS estimate being $4.66.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Core Viewpoint - Jackson Financial reported quarterly earnings of $4.60 per share, missing the Zacks Consensus Estimate of $4.66 per share, but showing an increase from $3.80 per share a year ago, indicating a year-over-year growth despite the earnings miss [1][2] Financial Performance - The company posted revenues of $1.75 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.12%, but down from $2.61 billion in the same quarter last year [2] - Over the last four quarters, Jackson Financial has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Jackson Financial shares have increased approximately 96.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 21.2% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $4.56 for the coming quarter and $18.79 for the current fiscal year, alongside expected revenues of $1.73 billion and $6.87 billion respectively [7] - The estimate revisions trend for Jackson Financial is currently favorable, leading to a Zacks Rank 1 (Strong Buy), suggesting that the shares are expected to outperform the market in the near future [6] Industry Context - The Financial - Miscellaneous Services industry, to which Jackson Financial belongs, is currently ranked in the top 29% of over 250 Zacks industries, indicating a positive outlook for stocks within this sector [8]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40274 Jackson Financial Inc. (Exact name of registrant as specified in its charter) | --- | --- | --- | |----------------- ...

Core Viewpoint - Jackson Financial (JXN) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][2][4]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [3][5]. - For the fiscal year ending December 2024, Jackson Financial is projected to earn $18.79 per share, reflecting a 46.3% increase from the previous year [7]. - Over the past three months, the Zacks Consensus Estimate for Jackson Financial has risen by 8.4% [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. - Only the top 5% of Zacks-covered stocks receive a 'Strong Buy' rating, indicating superior earnings estimate revisions [8][9].

Company Performance - Jackson Financial's stock closed at $102.77, reflecting a +0.78% change from the previous trading day, outperforming the S&P 500's loss of 0.33% [1] - Over the last month, the company's shares have increased by 12.99%, significantly surpassing the Finance sector's loss of 5.18% and the S&P 500's gain of 1.83% [1] Upcoming Earnings - The upcoming earnings report for Jackson Financial is scheduled for November 6, 2024, with an expected EPS of $4.66, representing a 22.63% increase from the prior-year quarter [2] - Revenue is projected to be $1.73 billion, which is a decrease of 33.55% from the prior-year quarter [2] Full Year Estimates - For the full year, analysts expect earnings of $18.79 per share and revenue of $6.87 billion, indicating increases of +46.34% and +117.46% respectively from the previous year [3] Analyst Sentiment - Recent changes to analyst estimates for Jackson Financial suggest a positive outlook on the company's business operations and profit generation capabilities [4] - Upward revisions in estimates are typically associated with favorable stock price performance [5] Zacks Rank and Valuation - Jackson Financial currently holds a Zacks Rank of 2 (Buy), with a consensus EPS projection that has increased by 1.6% in the past 30 days [6] - The company is trading at a Forward P/E ratio of 5.43, which is a discount compared to its industry's Forward P/E of 11.69 [7] Industry Context - The Financial - Miscellaneous Services industry, part of the Finance sector, has a Zacks Industry Rank of 87, placing it in the top 35% of over 250 industries [7] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Core Insights - Jackson Financial (JXN) has consistently surpassed earnings estimates, averaging a 19.20% beat over the last two quarters [1][3] - The company reported earnings of $5.32 per share for the most recent quarter, exceeding the expected $4.32 by 23.15%, and previously reported $4.23 against an estimate of $3.67, a 15.26% surprise [2] Earnings Estimates - Recent changes in earnings estimates for Jackson Financial have been favorable, with a positive Earnings ESP indicating a strong likelihood of another earnings beat [3][6] - The current Earnings ESP for Jackson Financial is +0.44%, reflecting increased analyst optimism about the company's earnings prospects [6] Zacks Rank and Predictive Power - Jackson Financial holds a Zacks Rank of 2 (Buy), which, combined with a positive Earnings ESP, suggests a high probability of beating earnings estimates [6] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time [4]