Jackson Financial: Unprofitability Persists, Shares Trade Below Estimated Fair Value

Jackson Financial reported continued unprofitability with losses increasing at a 14.3% annual rate over the past five years. Despite a deep discount, shares are trading at $93.66, below the estimated fair value of $249.94. Analysts forecast 5.68% annual earnings growth and a transition to profitability within three years, but revenue growth lags the US market at 2.4% per year. Fee income from variable annuities exceeds $1 billion, supporting steady demand for guaranteed retirement income and innovative annuity offerings.