Jackson Finl Q2 Adj EPS $3.34 Misses $3.58 Estimate
Portfolio Pulse from Benzinga Newsdesk
Jackson Finl (NYSE:JXN) reported Q2 adjusted earnings of $3.34 per share, missing the analyst consensus estimate of $3.58 by 6.7 percent. This is a decrease from earnings of $4.56 per share in the same period last year.
August 08, 2023 | 8:22 pm
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Jackson Finl's Q2 earnings missed analyst estimates by 6.7%, which could negatively impact the stock's performance in the short term.
Earnings reports are a key indicator of a company's financial health. A miss on earnings estimates can lead to a decrease in stock price as it may indicate that the company is not performing as well as expected. In this case, Jackson Finl's earnings miss could lead to a negative sentiment among investors, potentially leading to a decrease in the stock price.
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