Life Insurance Stocks Decline Despite Mixed Q4 Revenue Performance

Share prices for the life insurance sector declined an average of 3.3% since reporting Q4 results, despite revenues for the group as a whole meeting analysts' consensus estimates. Prudential Financial reported revenues of $14.52 billion, up 11.6% year on year, but the stock declined 7.4% since reporting after missing analysts' book value per share and EPS estimates. Jackson Financial recorded the fastest revenue growth among its peers, with revenues of $2.01 billion, up 719% year on year. Despite beating analysts' revenue and EPS estimates, Jackson Financial shares fell 10.2% since reporting. Unum Group revenues were $3.25 billion, flat year on year, and the stock remained flat since reporting after missing analysts' book value per share and EPS estimates. Primerica reported revenues of $853.5 million, up 8% year on year, and shares rose 5.5% since reporting after beating analysts' book value per share and revenue estimates. Aflac reported revenues of $4.28 billion, flat year on year, and the stock declined 1.4% since reporting after missing analysts' revenue and EPS estimates.