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Western Wealth Management slashes Jackson Financial holdings, yet company beats earnings forecasts.
Western Wealth Management LLC reduced its holdings in Jackson Financial Inc. by 18.6%, selling 865 shares and leaving it with 3,778 shares worth $316,000.
Despite this, Jackson Financial outperformed analyst expectations, reporting earnings of $5.10 EPS and $3.75 billion in revenue.
The company provides annuities through three segments and has a market cap of $6.40 billion with a "Hold" rating and a price target of $94.80.
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Western Wealth Management recorta las acciones de Jackson Financial, pero la compañía supera las previsiones de ganancias.