In This Article:
Jackson Financial (NYSE:JXN) Full Year 2024 Results
Key Financial Results
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Revenue: US$3.35b (up 8.7% from FY 2023).
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Net income: US$902.0m (flat on FY 2023).
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Profit margin: 27% (down from 29% in FY 2023). The decrease in margin was driven by higher expenses.
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EPS: US$11.86 (up from US$10.99 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jackson Financial EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 30%.
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Diversified Financial industry in the US.
Performance of the American Diversified Financial industry.
The company's shares are up 12% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Jackson Financial's balance sheet.
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