A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names.
But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.
Retirement solutions provider Jackson Financial (NYSE:JXN) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 1.4% year on year to $1.75 billion. Its non-GAAP profit of $4.87 per share was 5% above analysts’ consensus estimates.
Shares of retirement solutions provider Jackson Financial (NYSE:JXN) jumped 8.4% in the afternoon session after the company reported second-quarter financial results that featured strong growth in annuity sales and robust capital returns, which overshadowed a decline in net income. The company's retail annuity sales climbed 4% to $4.4 billion. Jackson also returned $216 million to shareholders through a combination of stock buybacks and dividend payments. While net income fell to $168 million from $264 million a year earlier, investors appeared to focus on the company's strong capital position of over $5.3 billion. The company also announced a new quarterly cash dividend of $0.80 per share.
Retirement solutions provider Jackson Financial (NYSE:JXN) missed Wall Street’s revenue expectations in Q2 CY2025, with sales falling 127% year on year to -$471 million due to large losses on derivatives and investments. Its non-GAAP profit of $4.87 per share was 5% above analysts’ consensus estimates.
Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions.
While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Jackson Financial (NYSE:JXN) and the rest of the life insurance stocks fared in Q1.
