Jackson Financial Inc. (JXN) Tops Q4 EPS by $2.80
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Jackson Financial Inc. (NYSE: JXN) reported Q4 EPS of $7.48, $2.80 better than the analyst estimate of $4.68.
- Net income of $585 million, or $6.19 per diluted share, including the impact of non-economic hedging results under U.S. GAAP accounting
- Adjusted operating earnings of $707 million, or $7.48 per diluted share, up 10% from fourth quarter 2020
- Total annuity account value of $259 billion increased 13% from the fourth quarter of 2020, primarily as a result of positive separate account performance
- Cash and liquid assets at the holding company of over $600 million at December 31, 2021, significantly above our minimum liquidity buffer
For earnings history and earnings-related data on Jackson Financial Inc. (JXN) click here.
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