What Happened?
Shares of retirement solutions provider Jackson Financial (NYSE: JXN) fell 5% in the morning session after the company reported third-quarter results where a significant revenue shortfall overshadowed an adjusted earnings beat. While its adjusted earnings of $6.16 per share comfortably beat analysts' expectations, revenue told a different story. The company generated $1.42 billion in revenue, a sharp 19.1% decline from the previous year, and well below the $1.88 billion analysts had forecast. According to its earnings report, the top-line weakness was impacted by losses on certain securities. This created a large gap between its reported pre-tax profit of $72 million and the much higher adjusted profit, highlighting the impact of market volatility on its results and concerning investors focused on core operational performance.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Jackson Financial? Access our full analysis report here.
What Is The Market Telling Us
Jackson Financial’s shares are somewhat volatile and have had 10 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The previous big move we wrote about was 5 days ago when the stock gained 3.2% on the news that its upcoming earnings was anticipated to show significant growth. The stock appeared to move in anticipation of good news. For the quarter that ended in September 2025, the company was expected to report earnings per share of $5.1, a figure that pointed to a 10.9% increase compared to the previous year. Additionally, revenues for the quarter were projected to be $1.88 billion, which would mark a 7.6% rise from the year-ago period. These strong growth forecasts likely fueled investor optimism ahead of the official announcement.
Jackson Financial is up 10.9% since the beginning of the year, but at $97.30 per share, it is still trading 14.5% below its 52-week high of $113.74 from November 2024. Investors who bought $1,000 worth of Jackson Financial’s shares at the IPO in August 2021 would now be looking at an investment worth $3,094.
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