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Jackson Financial sees impressive returns amid annual earnings decrease

EditorPollock Mondal
Published 11/06/2023, 08:17 AM
© Reuters.
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Jackson Financial Inc (JXN) posted an 11.85% return last month. Despite a decrease in annual earnings per share by -15.68%, the company's shares fluctuated between $41.03 and $39.92 before closing at $39.56 on November 3rd. Over the past year, shares have traded between $26.70 and $49.60, demonstrating resilience in the face of declining earnings.

In contrast, the company's annual sales have grown by 40.84% over the past five years, contributing to a market capitalisation of $3.34 billion. With a float of $72.87 million and outstanding shares totaling $82.69 million, Jackson Financial has shown strong performance indicators including a price to sales ratio of 1.01 and a return on equity of 60.55%. The company's insider and institutional ownership stand at 11.03% and 83.06% respectively.

In other financial news, uniQure (NASDAQ:QURE) N.V.'s shares saw an increase of 8.61% last week, despite missing the consensus outlook by -$3.49 for the last quarter's earnings per share. The healthcare company demonstrated an impressive sales growth of 316.60% annually over five years, with recent sales totaling 106,480 K.

Lastly, SomaLogic Inc (NASDAQ:SLGC) traded 1.68 million shares in its latest session, marking a change of $0.04 or 1.80% from the last close and bringing its market valuation to $426.37M. Despite a -22.34% fall over the past six months, SomaLogic's shares show a 19.51% annual growth rate, surpassing the industry average of 14.50%. Analysts predict a revenue gain of 5.60% this quarter and an increase of 34.60% in the next, reaching $20.77 million.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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