NYSE$JXN
Jackson Financial Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Jackson's financial performance was marked by strong sales in the RILA market, an increased capital position at the operating company, and robust levels of excess cash at the holding company.
Jackson Financial Inc. reported a net income of $1,479 million and adjusted operating earnings of $373 million for Q3 2022. The company saw continued progress in the RILA business with sales of $562 million and returned $88 million to shareholders. They now anticipate ending 2022 at or above the midpoint of the full-year capital return target of $425-$525 million.
- Net income was $1,479 million, or $16.83 per diluted share, including the impact of non-economic hedging results under GAAP accounting.
- Adjusted operating earnings were $373 million, or $4.24 per diluted share.
- Total annuity account value of $198 billion decreased 20% from Q3 2021, primarily due to lower equity markets.
- The company returned $88 million to shareholders through share repurchases and dividends.
Headline financials
Revenue & EPS history
Jackson · Revenue · Quarterly
$4.02B
Revenue by segment
Jackson · $404M total across 4 segments · Q3 2022
- Retail Annuities$364M—90.1%
- Closed Life and Annuity Blocks$33M—8.2%
- Institutional Products$20M—5.0%
- Corporate and Other-$13M—-3.2%
Forward guidance
Jackson anticipates ending 2022 at or above the midpoint of the full-year capital return target of $425-$525 million.
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 Q3 2022
+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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