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]

Shares of Jackson Financial (NYSE: JXN ) have been a tremendous performer over the past year, more than doubling. Shares have even recovered their dip during market volatility in late July/early August and are back within 5% of a 52-week high. I have Over 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 article, jus ...

It was yet another banner quarter for annuity. According to LIMRA , US annuity sales soared 26% in Q2 to $109.9 billion, driven by a mix of traditional and more complex products. For the first half of the year, sales were up 20% from Freelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a na ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Jackson Financial (JXN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question. Jackson Financial is one of 860 individual stocks in the Finance sector. Collec ...

From a technical perspective, Jackson Financial (JXN) is looking like an interesting pick, as it just reached a key level of support. JXN recently overtook the 50-day moving average, and this suggests a short-term bullish trend. The 50-day simple moving average is one of three major moving averages used by traders and analysts to determine support or resistance levels for a wide range of securities. But the 50-day is considered to be more important because it's the first marker of an up or down trend. Share ...

For the quarter ended June 2024, Jackson Financial (JXN) reported revenue of $2.8 billion, up 583.7% over the same period last year. EPS came in at $5.32, compared to $3.34 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.71 billion, representing a surprise of +63.62%. The company delivered an EPS surprise of +23.15%, with the consensus EPS estimate being $4.32. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...

Jackson Financial (JXN) closed at $87.18 in the latest trading session, marking a -0.75% move from the prior day. This move lagged the S&P 500's daily gain of 0.08%. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq appreciated by 0.07%. JXN's full-year Zacks Consensus Estimates are calling for earnings of $17.33 per share and revenue of $6.85 billion. These results would represent year-over-year changes of +34.97% and +116.73%, respectively. Empirical research indicates that these re ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Jackson Financial (JXN) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question. Jackson Financial is one of 862 companies in the Finance group. The Finance group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different ...

Below, we take a look at Jackson Financial (JXN) , which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. Set to Beat the Market? For JXN, shares are up 5.53% over the past week while the Zacks Financial - Miscellaneous Services industry is up 2.23% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 12.6% compares favorably with ...