Education
About Us
Working with TipRanks
Follow Us
Jackson Financial Incorporation Class A (JXN)
:JXN
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
5.06Last Year’s EPS
4.23Same Quarter Last Year
Based on 5 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: -5.41%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong year for Jackson Financial with significant achievements in capital return, retail annuity sales, and strategic initiatives such as successful hedging and increased dividends. However, there remain challenges, including elevated net outflows in the variable annuity segment and investor concerns about transparency in Brook Re's performance.Company Guidance
During the Jackson Financial Inc. 2024 Q4 earnings call, CEO Laura Prieskorn highlighted several key financial metrics and set new targets for 2025. The company achieved its highest annual distribution of $875 million to the holding company. Net income exceeded $900 million, and adjusted operating earnings reached $1.4 billion, driven by a 39% year-over-year increase in retail annuity sales, which totaled $18 billion. The RBC ratio remained stable at 572%, significantly above the target, allowing for a capital return to shareholders of $631 million. The company ended the year with over $700 million in highly liquid assets at the holding company. For 2025, Jackson Financial increased its capital return target to $700-$800 million, representing a more than 10% increase from 2024's $631 million. The company aims to maintain an RBC ratio above 425% and hold a $250 million buffer at the holding company. Adjusted operating earnings per share were $4.65 for Q4, up 71% year-over-year, with a significant boost from higher fee income and spread products.Record Distributions to Holding Company
Jackson National Life's distributions to the holding company reached $875 million, the highest annual level in the company's history.
Strong Retail Annuity Sales Growth
Retail annuity sales increased 39% year over year, reaching $18 billion, driven by diversified product sales and growing distribution.
Robust Capital Return and Liquidity
Capital return to common shareholders increased 36%, excluding the $700 million distribution used to establish Brook Re. Additionally, the company maintained more than $700 million of highly liquid assets at the holding company.
Positive Adjusted Operating Earnings
Adjusted operating earnings for Q4 2024 were $349 million, up 71% from the previous year, mainly due to higher fee income from variable annuity assets and higher earnings on spread products.
Increased Dividend and Share Buyback Program
The board approved a fourth dividend increase to $0.80 per common share, a 14% increase over the prior year's quarterly dividend level.
Successful Hedging Program
The more economic hedging approach led to a net hedge gain of $285 million for the full year, providing more stability in non-operating results and capital generation.
Healthy Capital Generation
Free capital generation exceeded $1.3 billion in 2024, with statutory capital generation of more than $1.7 billion.
---
JXN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
JXN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | $92.66 | $84.55 | -8.75% |
| Nov 06, 2024 | $111.83 | $109.12 | -2.42% |
| Aug 07, 2024 | $72.59 | $79.81 | +9.95% |
| May 08, 2024 | $70.90 | $75.96 | +7.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Jackson Financial Incorporation Class A (JXN) report earnings?
Jackson Financial Incorporation Class A (JXN) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Jackson Financial Incorporation Class A (JXN) earnings time?
Jackson Financial Incorporation Class A (JXN) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JXN EPS forecast?
JXN EPS forecast for the fiscal quarter 2025 (Q1) is 5.06.
---