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Stock impact report

Jackson Announces Third Quarter 2024 Results [Yahoo! Finance]

Jackson Financial Inc. Class A (JXN) 
Company Research Source: Yahoo! Finance
Third quarter 2024 results reflect strong growth in sales, earnings, capital generation and capital return Retail annuity sales of $5.3 billion in the third quarter of 2024, up 59% from the third quarter of 2023 Variable annuity sales of $2.6 billion in the third quarter of 2024, up 8% from the third quarter of 2023 Record registered index-linked annuity (RILA) sales of $1.6 billion in the third quarter of 2024, up 99% from the third quarter of 2023 Leveraging Jackson's broad retail annuity distribution platform resulted in $1 billion of fixed and fixed index annuity sales in the third quarter of 2024, up from $76 million in the third quarter of 2023 Earnings driven by an 18% increase in total annuity assets under management (AUM), from $218 billion as of September 30, 2023 to $256 billion as of September 30, 2024, largely due to higher equity markets Net income (loss) attributable to Jackson Financial Inc. common shareholders of $(480) million, or $(6.37) per diluted sha Show less Read more
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