Compared to Estimates, Jackson Financial (JXN) Q1 Earnings: A Look at Key Metrics

Core Insights - Jackson Financial reported revenue of $1.77 billion for the quarter ended March 2025, a decrease of 36% year-over-year, while EPS increased to $5.10 from $4.23 in the same quarter last year [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $1.78 billion, resulting in a revenue surprise of -0.19%, while the EPS exceeded expectations by 3.45% [1] Financial Performance Metrics - Net investment income was reported at $755 million, surpassing the average estimate of $490.40 million, reflecting a year-over-year increase of 2.9% [4] - Other income significantly increased to $14 million, compared to the average estimate of $16 million, marking a year-over-year change of 1300% [4] - Premium revenue reached $40 million, exceeding the average estimate of $35.41 million, with a year-over-year growth of 5.3% [4] - Fee income was reported at $1.99 billion, which was above the average estimate of $1.24 billion, but showed a slight decline of 0.6% year-over-year [4] - Adjusted earnings before tax for Retail Annuities was $420 million, below the average estimate of $471.09 million [4] - Adjusted earnings before tax for Corporate and Other showed an improvement to -$24 million, compared to the average estimate of -$60.33 million [4] - Adjusted earnings before tax for Closed Life and Annuity Blocks was $28 million, significantly higher than the average estimate of $7.24 million [4] - Adjusted earnings before tax for Institutional Products was reported at $18 million, slightly below the average estimate of $21.98 million [4] Stock Performance - Jackson Financial's shares have returned +15.9% over the past month, outperforming the Zacks S&P 500 composite's +10.6% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]