Jackson Financial reports Q2 adjusted EPS $4.87, consensus $4.64

Adjusted book value attributed to common shareholders was $11.1 billion or $155.11 per diluted share as of June 30, 2025, compared to $11.2 billion or $150.11 per diluted share as of December 31, 2024. Laura Prieskorn, President and Chief Executive Officer of Jackson, stated, “Our second quarter results underscore the continued strength of our business and our steady progress toward achieving strategic objectives. We delivered another quarter of year-over-year growth in retail annuity sales, driven by our well-diversified product portfolio which now includes our recently launched Jackson Market Link Pro III and Jackson Market Link Pro Advisory III. Our robust in-force book generated free cash flow of $290 million for the quarter-significantly surpassing the $229 million generated during the second quarter of 2024-and exceeded $1 billion over the twelve months ended June 30, 2025. We also returned $216 million to common shareholders, maintained an estimated RBC ratio well above our target, and further strengthened our already substantial excess cash position at the holding company. We are confident in our ability to sustain this positive momentum throughout 2025 as we continue to help Americans secure their financial futures.”