05:40 PM EDT, 08/07/2024 (MT Newswires) -- Jackson Financial ( JXN ) reported Q2 adjusted operating earnings late Wednesday of $5.32 per diluted share, up from $3.34 a year earlier.

Four analysts polled by Capital IQ expected $4.36.

Revenue for the quarter ended June 30 was $1.25 billion, up from $380 million a year earlier.

A single analyst surveyed by Capital IQ expected $1.7 billion.

The company said its board has authorized a $750 million increase to its existing stock buyback program.

Shares of Jackson Financial ( JXN ) were 7.5% higher in after-hours trading.

Price: 80.00, Change: +5.55, Percent Change: +7.45