Lincoln National: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 10:04 AM ET
Last Updated - Aug 01, 2024, 10:04 AM EDT
RADNOR, Pa. (AP) — RADNOR, Pa. (AP) — Lincoln National Corp. (LNC) on Thursday reported second-quarter earnings of $895 million.
The Radnor, Pennsylvania-based company said it had net income of $5.11 per share. Earnings, adjusted for non-recurring gains, were $1.84 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.
The insurance and retirement business posted revenue of $5.15 billion in the period. Its adjusted revenue was $4.53 billion, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $4.65 billion.
