Core Insights - Jackson Financial (JXN) is expected to report quarterly earnings of $4.61 per share, a decline of 13.4% year-over-year, with revenues forecasted at $1.76 billion, reflecting a decrease of 37.3% compared to the same period last year [1] Earnings Estimates - The consensus EPS estimate has been revised 9.9% higher over the last 30 days, indicating a collective reevaluation by analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3] Revenue Projections - Analysts estimate 'Revenues- Net investment income' at $510.28 million, a year-over-year decline of 31.8% [5] - 'Revenues- Other income' is projected at $12.50 million, showing a year-over-year increase of 25% [5] - 'Revenues- Premium' is expected to reach $39.85 million, reflecting a 7.7% increase year-over-year [5] - 'Revenues- Fee income' is forecasted at $1.20 billion, indicating a significant decline of 40.5% year-over-year [6] Adjusted Earnings Before Tax - 'Adjusted earnings before tax- Retail Annuities' is projected at $410.27 million, down from $465.00 million in the same quarter last year [6] - 'Adjusted earnings before tax- Closed Life and Annuity Blocks' is estimated at $24.68 million, compared to $35.00 million a year ago [7] - 'Adjusted earnings before tax- Institutional Products' is expected to be $19.12 million, down from $29.00 million in the previous year [7] Stock Performance - Jackson Financial shares have decreased by 5.5% over the past month, contrasting with the Zacks S&P 500 composite's increase of 0.6% [7] - The company holds a Zacks Rank 1 (Strong Buy), suggesting it is expected to outperform the overall market in the near term [7]
Countdown to Jackson Financial (JXN) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS