NYSE$JXN
Jackson Financial Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Jackson's financial performance reflected progress toward strategic goals, with successful RILA offering launch and capital return to shareholders.
Jackson Financial Inc. reported a net income attributable to common shareholders of $1,204 million, or $14.21 per diluted share. Adjusted operating earnings were $283 million, or $3.34 per diluted share. The company returned $100 million to common shareholders through share repurchases and dividends and remains committed to achieving its 2023 capital return target of $450-$550 million.
- Net income attributable to Jackson Financial Inc. common shareholders was $1,204 million, or $14.21 per diluted share.
- Adjusted operating earnings were $283 million, or $3.34 per diluted share.
- Returned $100 million to common shareholders through share repurchases and dividends.
- Second quarter 2023 registered index-linked annuity (RILA) sales of $541 million, up from $490 million in the second quarter of 2022.
Headline financials
Revenue & EPS history
Jackson · Revenue · Quarterly
$410M
Revenue by segment
Jackson · $305M total across 4 segments · Q2 2023
- Retail Annuities$328M+50.5%107.5%
- Institutional Products$17M-10.5%5.6%
- Closed Life and Annuity Blocks$7M+16.7%2.3%
- Corporate and Other-$47M—-15.4%
Forward guidance
Jackson remains confident in achieving its 2023 key financial targets and creating long-term value for shareholders.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+2.2%
Avg return
Earnings day
+4.3%
Avg return
5 days after
+8.1%
Avg return
30 days after
63%
15 / 24 earnings
Positive
+20.0%
Q3 2020
Best reaction
-21.4%
Q1 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.0% | +0.9% | -1.0% | |
| Q4 2025 | -2.7% | -6.4% | -11.9% | |
| Q3 2025 | -7.3% | -7.4% | -2.2% | |
| Q1 2025 | +1.8% | +7.4% | +0.5% | |
| Q4 2024 | -8.8% | -9.3% | -8.5% | |
| Q3 2024 | +10.5% | +12.8% | -2.5% | |
| Q2 2024 | +10.9% | +10.8% | +10.0% | |
| Q1 2024 | +7.9% | +3.3% | +0.3% | |
| Q4 2023 | +1.5% | +2.6% | +24.9% | |
| Q3 2023 | +9.9% | +8.7% | +21.8% | |
| Q2 2023 | +1.8% | +8.9% | +14.2% | |
| Q1 2023 | -17.9% | -17.4% | -15.2% | |
| Q4 2022 | -5.7% | -1.9% | -1.7% | |
| Q3 2022 | +15.6% | +18.1% | +13.6% | |
| Q2 2022 | +14.4% | +19.2% | +12.7% | |
| Q1 2021 | -21.4% | -11.2% | -15.7% | |
| Q1 2022 | -20.6% | -18.6% | -16.8% | |
| Q4 2019 | -3.1% | +3.4% | +10.1% | |
| Q4 2021 | +10.1% | -4.4% | +15.1% | |
| Q4 2020 | +20.0% | +24.0% | +42.1% | |
| Q3 2020 | +20.0% | +24.0% | +42.1% | |
| Q3 2021 | +9.3% | +19.0% | +36.0% | |
| Q2 2020 | +4.4% | +9.8% | +13.7% | |
| Q2 2021 | +5.7% | +6.8% | +13.8% | |
| Q1 2020 | — | — | — |
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