LANSING, Mich. (AP) — LANSING, Mich. (AP) — Jackson Financial Inc. (JXN) on Wednesday reported a loss of $1.56 billion in its fourth quarter.
The Lansing, Michigan-based company said it had a loss of $19.64 per share. Earnings, adjusted for non-recurring costs, were $2.53 per share.
The financial services company posted revenue of $892 million in the period.
For the year, the company reported profit of $934 million, or $10.76 per share. Revenue was reported as $3.16 billion.
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