Jackson Financial Stock Surges Amid Strong Earnings Expectations

Shares of Jackson Financial (JXN) rose 3.2% in the afternoon session, anticipating strong growth in its upcoming earnings. The company is expected to report a 10.9% increase in earnings per share to $5.1 and a 7.6% rise in revenues to $1.88 billion. The shares have been somewhat volatile over the last year, with 10 moves greater than 5%. The stock is up 15.4% since the beginning of the year, but still trading 10.9% below its 52-week high.